SINGAPORE - Five more countries have inked the Singapore Convention on Mediation, bringing the total number of signatory countries to 51, said Senior Minister of State for Law Edwin Tong on Tuesday .
The five countries - Armenia, Chad, Ecuador, Gabon and Guinea-Bissau - join others such as the United States, China, India and South Korea, which signed the convention in August. Founded in 1899, the global arbitration body is the oldest institution for international dispute resolution in the world. Mr Tong said the Singapore Convention on Mediation, which aims to promote the use of mediation in settling cross-border commercial disputes, is also relevant to the work of the PCA, which also provides support for mediation and conciliation.
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