There's growing interest in mediation in India: Singapore law minister

'Singapore and India are also collaborating closely in mediation', said Shanmugam

Singapore has been at the forefront of championing mediation as an alternative dispute resolution mechanism for international commercial disputes through the Singapore Convention on Mediation (SCM). Just as the ‘New York Convention’ provides the framework and mechanism for operation of international arbitration proceedings and their execution across different jurisdictions, the SCM represents the United Nations framework for dispute resolution through mediation. It has come into effect from September 2020, and till now 55 countries, including India, have signed - among them seven have also ratified - the Convention. However, businesses globally are still to warm up to this nascent alternative