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"Friends, I have just signed the UN convention on mediation in Singapore," he wrote on his Facebook page on Wednesday, August 7.

According to him, Ukraine has become one of the 46 signatories to this important international treaty.

Petrenko said that the implementation of the treaty would enhance the role of mediation as an alternative to arbitration for the settlement of international trade disputes and, in general, would have a positive impact on the development of international trade.