With 45 countries signatories to the convention, the convention will provide an efficient way to quickly and cost-effectively resolve cross-border disputes between multiple jurisdictions. It will also facilitate international trade, as mediation is increasingly used in international business practices as an alternative to litigation. A settlement agreement is considered international if: Can the parties enter into a settlement agreement to set aside the Court`s judgment after appealing? The Authority may refuse to grant remedies only on specific and limited grounds listed in the Convention (i.e. the granting of an appeal would be contrary to public policy in the Contracting State). In addition, the convention applies only to a settlement agreement: it is obvious that the very purpose of a compromise agreement is to avoid litigation before the courts, with the opposing parties posting their differences by mutual agreement without judicial intervention, or to reach an agreement already in place. . . .