China-Backed Mediation Body Makes Pitch at Boao Forum
A China-backed mediation body, the International Organisation for Mediation, has been hailed as a flexible solution to commercial and state-level disputes. The IOMed's secretary general, Teresa Cheng Yeuk-wah, described mediation as a way to resolve disputes with 'innate flexibility'.
The head of the recently launched International Organisation for Mediation (IOMed) has hailed its process as a flexible and pragmatic way to resolve commercial and state-level disputes involving long-term investment. Speaking on the sidelines of the Boao Forum for Asia on Thursday, Teresa Cheng Yeuk-wah, IOMed’s secretary general, said mediation offered “the innate flexibility to create an infinite number of ways to resolve the dispute”, unlike arbitration and litigation that were marked by “a.....