The International Organization for Mediation (IOMed) will serve as a leading organisation to help settle disputes, a Chinese envoy has said.

Li Song, China's permanent representative to the United Nations and other international organisations in Vienna, made the remarks at a promotion reception for the IOMed held during the 58th session of the United Nations Commission on International Trade Law (Uncitral).

Noting that the UN charter clearly stipulates that mediation is one of the preferred methods for the peaceful settlement of international disputes, Li said IOMed will be the world's first intergovernmental legal organisation dedicated to the objective.

Uncitral secretary Anna Joubin-Bret noted that she witnessed the signing ceremony of the convention on the establishment of IOMed in Hong Kong in May.

She hoped IOMed would strengthen cooperation with Uncitral in the future to jointly promote the development of the international rule of law.

IOMed is an important global public good provided by China together with countries sharing similar ideas to meet the development trend of and the need for international mediation.

According to the IOMed convention, the organisation will provide mediation services for the settlement of three types of international disputes submitted by the parties by mutual consent expressed before or after the dispute arises: disputes between states, commercial or investment disputes between a state and a national of another state, and international commercial disputes between private parties. (Xinhua)