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Singapore Convention on Mediation: Should Iran Follow the Position of Qatar?

Singapore Convention on Mediation: Should Iran Follow the Position of Qatar? AbstractFollowing the recent accession of Qatar, the United Nation Convention on International Settlement Agreements Resulting from Mediation (Singapore Convention on Mediation) will come into force on 12 September 2020. As a Signatory State, Iran is assessing whether to ratify the Singapore Convention. This article illustrates and discusses the challenges and opportunities that Iran and Qatar may face in light of the Singapore Convention. The main focus of this article is on problems facing Iran in relation to the possible ratification of the Singapore Convention. Finally, it determines whether Iran would benefit from the possible implementation. It concludes that, while Qatar may benefit from joining the Singapore Convention, the possible ratification of the Convention in Iran will lead to more challenges than opportunities. For the purpose of developing international commercial mediation in Iran, the UNCITRAL Model Law on Mediation will be an appropriate alternative. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Arab Law Quarterly Brill

Singapore Convention on Mediation: Should Iran Follow the Position of Qatar?

Arab Law Quarterly , Volume 36 (1-2): 36 – Nov 6, 2020

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Publisher
Brill
Copyright
Copyright © Koninklijke Brill NV, Leiden, The Netherlands
ISSN
0268-0556
eISSN
1573-0255
DOI
10.1163/15730255-bja10044
Publisher site
See Article on Publisher Site

Abstract

AbstractFollowing the recent accession of Qatar, the United Nation Convention on International Settlement Agreements Resulting from Mediation (Singapore Convention on Mediation) will come into force on 12 September 2020. As a Signatory State, Iran is assessing whether to ratify the Singapore Convention. This article illustrates and discusses the challenges and opportunities that Iran and Qatar may face in light of the Singapore Convention. The main focus of this article is on problems facing Iran in relation to the possible ratification of the Singapore Convention. Finally, it determines whether Iran would benefit from the possible implementation. It concludes that, while Qatar may benefit from joining the Singapore Convention, the possible ratification of the Convention in Iran will lead to more challenges than opportunities. For the purpose of developing international commercial mediation in Iran, the UNCITRAL Model Law on Mediation will be an appropriate alternative.

Journal

Arab Law QuarterlyBrill

Published: Nov 6, 2020

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