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China launches IOMed in Hong Kong, a new global mediation body for international disputes.
China has established the International Organization for Mediation (IOMed) in Hong Kong, aiming to serve as a major global mediation body akin to the International Court of Justice.
The IOMed, co-signed by over 30 countries, will handle disputes between nations, individuals from different countries, and private entities.
This initiative aims to boost Hong Kong's international legal status and promote more harmonious global relations.
The organization is expected to start operations by the end of this year or early next year.
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China lanza IOMed en Hong Kong, un nuevo organismo de mediación global para disputas internacionales.