Peace – on its way to meddle amid the trade chaos built by world powers.
The United Nations members signed the Singapore Convention on Mediation on Wednesday with hopes of settling trade conflicts between countries.
Forty-six United Nations members signed in Singapore the agreement named, “The United Nations Convention on International Settlement Agreements Resulting from Mediation”.
The United States of America and China, known members of the United Nations, signed to the official agreement.
The settlement made by U.N. aims to settle international commercial conflicts that will be solved through mediation rather than court dealings.
Singapore Prime Minister Lee Hsien Loong spearheaded the signing ceremony and said in a statement that the agreement will help advance international trade, commerce, and investment.