Mediation: Its Scope and Impact on International Trade

Abstract

As the world's population increases, so does the member of conflicts arises There are numerous legal matters pending in courts across all jurisdictions. To address people's issues in a cost- effective and time-saving manner with immediate impact, as well as to avoid trans-border jurisdictional issues, an international mediation framework must be developed. So that legal conflicts can be addressed swiftly while maintaining business and secrecy between the parties, and a better solution can be found with both parties' consent. More efforts should be made to identity faster alternative approach such as mediation.