SCCA declares support for mediation in cross-border disputes as global movement for mediation gains momentum

The Singapore Corporate Counsel Association (SCCA) together with over 40 MNCs and industry associations, pledged its support today for mediation as a way to resolve cross-border disputes speedily and cost-effectively.

Before Ms Indranee Rajah, Minister in the Singapore Prime Minister’s Office and Second Minister for Finance and National Development as witness, the declarations of intent were signed to support mediation at a luncheon ceremony organised by the Singapore International Mediation Centre (SIMC) which was attended by over 220 guests.

The corporate signing of this non-binding declaration took place during Singapore Convention Week, which is held each year to mark the 2019 inauguration of the Singapore Convention on Mediation, a multilateral treaty that provides international recognition and enforcement of mediated settlement agreements.