Business Daily Media

The Times


.

Hong Kong-headquartered International Mediation Body Established

HONG KONG SAR - Media OutReach Newswire - 31 May 2025 - International mediation marked a significant milestone yesterday (May 30) with the establishment of the International Organization for Mediation (IOMed).

The IOMed, with its headquarters in Hong Kong, is the world's first inter-governmental international legal organisation devoted to the use of mediation in resolving international disputes.

More than 80 countries and about 20 international organisations, including the United Nations, sent senior representatives to Hong Kong to witness the Signing Ceremony of the Convention on the Establishment of the International Organization for Mediation. Member of the Political Bureau of the Communist Party of China Central Committee and Minister of Foreign Affairs of the People's Republic of China, Wang Yi, attended the Signing Ceremony and was the first to sign the Convention on behalf of China. Altogether, 33 countries signed the Convention on-site, making them the founding members of the IOMed.

Addressing the ceremony, Mr Wang said that as an innovative step in international rule of law, the IOMed has great significance in the history of international relations. The IOMed will be headquartered in Hong Kong, whose handover is itself a success story of peaceful settlement of international disputes. He added that the success of the "one country, two systems" principle has created brighter prospects for prosperity and stability in Hong Kong.

Member of the Political Bureau of the Communist Party of China Central Committee and Minister of Foreign Affairs of the People’s Republic of China, Wang Yi, speaks at the Signing Ceremony of the Convention on the Establishment of the International Organization for Mediation and is the first to sign the Convention on behalf of China.
Member of the Political Bureau of the Communist Party of China Central Committee and Minister of Foreign Affairs of the People’s Republic of China, Wang Yi, speaks at the Signing Ceremony of the Convention on the Establishment of the International Organization for Mediation and is the first to sign the Convention on behalf of China.

Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, thanked the Central Government for its staunch support of Hong Kong, and the international community for placing their trust and confidence in the city.

"The IOMed will provide a pathway for countries – regardless of culture, language and legal system – to resolve international disputes based on mutual respect and understanding," Mr Lee said. "This is increasingly important amid mounting geopolitical tensions."

Mr Lee underscored that the IOMed reflected a shared confidence in mediation as a peaceful means to maintain international peace and security, as stipulated in the Charter of the United Nations.

HKSAR’s Chief Executive John Lee speaks at the signing ceremony.
HKSAR’s Chief Executive John Lee speaks at the signing ceremony.

The Chief Executive also set out Hong Kong's advantages as an effective "super connector" and "super value-adder" and said the city would actively promote the IOMed's valuable work in settling international disputes through mediation.

"Despite geopolitical turbulence, Hong Kong builds bridges, not walls," Mr Lee said. "Under our unique "one country, two systems" principle, Hong Kong is the only world city that enjoys both the China advantage and the global advantage.

"We are the only common law jurisdiction in China, and the only jurisdiction in the world with a bilingual common law system in both Chinese and English. We have a long tradition of the rule of law, and our courts exercise their judicial power independently."

With a robust, efficient and well-respected legal system as well as world-class legal and dispute resolution services professionals, Hong Kong is also the most preferred seat for arbitration in the Asia-Pacific region.

The IOMed headquarters will be located at the site of the former Wan Chai Police Station, once renovation of the Grade 2 historic building is completed.

"I'm happy to say that it could open its doors as early as the end of this year," said Mr Lee.

"We look forward not only to welcoming its new occupants, but also to supporting them in building new bridges for a more connected, peaceful and prosperous future through mediation."

Representatives from over 30 countries, including China and countries from Asia, Africa, Latin America and Europe, jointly signed the Convention on the Establishment of the International Organization for Mediation in Hong Kong on May 30.
Representatives from over 30 countries, including China and countries from Asia, Africa, Latin America and Europe, jointly signed the Convention on the Establishment of the International Organization for Mediation in Hong Kong on May 30.

In the afternoon, the Global Forum on International Mediation discussed topics such as mediation of disputes among countries and mediation of international investment and commercial disputes and the contributions that the IOMed can make.
Hashtag: #hongkong #brandhongkong #asiasworldcity #mediation






The issuer is solely responsible for the content of this announcement.

News from Asia

Oldham, Li & Nie Launches Family Office Services to Support International Families in Hong Kong

HONG KONG SAR - Media OutReach Newswire - 6 July 2026 - Oldham, Li & Nie (OLN) is pleased to announce the launch of its dedicated Family Office Services practice, expanding its capabilities in...

Bebek Goreng Pak Ndut Opens 4th Singapore Outlet Amid Aggressive Regional Push

Famous for its signature crispy fried duck, the fast-growing Indonesian food brand proves that high-quality, affordable dining is a winning formula.SINGAPORE - Media OutReach Newswire - 6 July 202...

Swire Coca-Cola and Fu-Rui-Shi Forge Long-Term Strategic Partnership

Coca-Cola Products Introduced Across All Subway Hong Kong and Macau Outlets Starting JulyHONG KONG SAR - Media OutReach Newswire - 6 July 2026 - Swire Coca-Cola and Subway's Hong Kong and Macau fr...

The Purest Co Launches PurestLabs, Bringing Supplement Manufacturing In-House to Strengthen Quality Control

Singapore-founded wellness brand brings powder production in-house with new Johor Bahru facility, strengthening product development, quality control and end-to-end batch traceabilitySINGAPORE - Me...

Pak Tak Credit Pioneers FinTech "No-Trace Loan Query" System —— Committing to Zero Credit Rating Impact, Redefining Tier-1 Financial Standards with "Technology + Empathetic Service"

HONG KONG SAR - Media OutReach Newswire - 6 July 2026 - In direct response to the rapid evolution of digital finance, profound transformations in the credit market, and the escalating demand from ...

DKSH Enters Strategic Partnership with Lilly in Hong Kong SAR and Macau SAR

DKSH entered a strategic partnership with Lilly to sell, promote and distribute Lilly’s pharmaceutical products in Hong Kong and Macau. Building on the successful collaboration in Singapore and Vie...

Hong Kong Icon Anson Lo Celebrates July Birthday, Propelling Cantopop Toward New Frontiers

Marking a historic milestone, the MAMA-winning icon celebrates a year of regional breakthroughs and a defining leap into the global spotlight.HONG KONG SAR - Media OutReach Newswire - 6 July 2026 ...

Singapore Team Crowned Champion at the Inaugural Asian Hackathon for Green Future 2026 in Vietnam

HANOI, VIETNAM - Media OutReach Newswire - 6 July 2026 - Outperforming 439 teams and nearly 1,500 participants from 22 countries and territories, Team Helios, comprising two participants, Pratham...

New Ogilvy Study Reveals a Crisis of Brand Belief in Hong Kong

Over 90% Take Punitive Action Against Brand Doubt, While 61% Have Walked AwayHONG KONG SAR - Media OutReach Newswire - 6 July 2026 - Hong Kong consumers have very low tolerance for brands and orga...

XPPen Strengthens Its Commitment to Animation with 2026 Annecy Festival Residency Partnership and MIFA Showcase

ANNECY, FRANCE - Media OutReach Newswire - 5 July 2026 - XPPen, a global leading brand in digital art innovation, continues its support for the Annecy International Animation Film Festival in 2026...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...