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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The European Union welcomes Iraq's approval of the Singapore Mediation Agreement

    Rocky
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    The European Union welcomes Iraq's approval of the Singapore Mediation Agreement Empty The European Union welcomes Iraq's approval of the Singapore Mediation Agreement

    Post by Rocky Wed 24 Apr 2024, 7:08 am

    The European Union welcomes Iraq's approval of the Singapore Mediation Agreement

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    Economy News - Baghdad
     
     
    The European Union Ambassador to Iraq, Thomas Seiler, welcomed the Iraqi government's signing of the Singapore Mediation Agreement.
    Siler said in a tweet on the X website, “I welcome the Sudanese Prime Minister’s government’s signing of the Singapore Mediation Agreement, which is considered a milestone for resolving commercial disputes, and I am pleased that the technical support provided by the European Union to anti-corruption and international arbitration efforts has been important and effective. I call on Parliament to expedite ratification.” On the agreement.
    He added that this decision would enhance investments and business in Iraq, and facilitate international trade. This indicates the government's intention to make Iraq an attractive place for investments.
    He stressed that the European Union remains committed to providing expertise to the government and the economy.
    On April 19, 2024, the United Nations Development Program (UNPD) announced that Iraq had officially signed the Singapore Agreement on Mediation, which is an “important” step towards developing the resolution of commercial disputes in Iraq.
    The Singapore Mediation Convention is a standardized and effective framework for international settlement agreements resulting from mediation, which parties conclude to resolve a commercial dispute.
    The Singapore Agreement will facilitate international trade by enabling disputing parties to easily enforce and recall settlement agreements across borders.
    Companies will benefit from mediation as an additional option to litigation and arbitration in resolving cross-border disputes.
     
     
    I welcome the Sudanese Prime Minister's government's signing of the Singapore Mediation Agreement, which is considered a milestone for resolving trade disputes. I am pleased that the technical support provided by the European Union to anti-corruption efforts and international arbitration has been important and effective. I call on Parliament to expedite the ratification of the agreement.
    — ???????? ???????? Thomas Seiler (@EUAmbIraq) [You must be registered and logged in to see this link.]




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