Turkey Signs Singapore Convention on Cross-Border Mediations

Singapore Convention

On 7 August 2019, Turkey signed the United Nations Convention on International Settlement Agreements Resulting from Mediation ("Singapore Convention"), which aims to regulate the enforcement of cross-border settlement agreements resulting from mediation. The Singapore Convention is similar to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1956, which regulates the enforcement of foreign arbitral awards and which Turkey also signed.

Source: Ismail G. Esin, Koray Sogut and Ali Selim Demirel of Baker McKenzie - Lexology