Recognition and Enforcement of International Mediation Settlement Agreements
under the relevant Hague Commercial Conventions
International commercial mediation has become an attractive dispute resolution mechanism for business people. Moreover, an increasing number of states have adopted, or will adopt, the rules to promote mediation and conciliation in the course of court proceedings. However, the possibility of recognition and enforcement of mediation settlement agreements approved by a court or concluded in the course of court proceedings has not been researched well. To analyse this possibility, these two instruments are relevant: the Hague Convention on Choice of Court Agreements, and the draft Hague Convention on Recognition and Enforcement of Foreign Judgments.