Hong Kong is closing in on a historic moment, one that reinforces its global significance and strategic value. On May 30, the city will proudly host the signing ceremony of the Convention on the Establishment of the International Organization for Mediation (IOMed), a groundbreaking initiative marking the world’s first intergovernmental organization solely dedicated to resolving international disputes through mediation.
This event, to be attended by senior delegates from nearly 60 countries and approximately 20 international organizations, including the United Nations, underscores Hong Kong’s role as a preeminent international center for legal and dispute-resolution services.
Since its establishment as a special administrative region, Hong Kong has continually demonstrated its robust capabilities in international mediation and arbitration. The decision to locate the IOMed’s headquarters in Hong Kong is a clear testament to the city’s unique strengths: its common law heritage, highly respected judiciary, world-class legal professionals, and globally recognized arbitration and mediation institutions. This new organization will further cement the HKSAR’s position as a legal services hub, one clearly recognized and firmly supported by the central government under China’s 14th Five-Year Plan (2021-25).
The presence of Foreign Minister Wang Yi at the signing ceremony is especially symbolic, highlighting Beijing’s strong support for the HKSAR’s evolving role as a global mediator. Wang’s participation sends a clear message: The city’s continued prosperity and stability are deeply connected with national strategies and the central government’s vision. It underscores its significance not merely as a financial hub, but as a critical player in global governance and international diplomacy.
The IOMed, initiated by China and nearly 20 other nations in 2022, represents a new era of diplomacy, specifically tailored for the complexities of today’s multipolar world. Unlike traditional litigation or arbitration, mediation offers a flexible, cost-effective, and amicable avenue for dispute resolution. By prioritizing consensus-building and dialogue, the IOMed aligns with the principles embodied in the UN Charter, thus promoting global peace, stability, and cooperation.
The establishment of the IOMed comes at a time when international tensions are escalating, and traditional diplomatic channels are increasingly strained. Institutions like the IOMed offer the international community an innovative mechanism to manage and prevent conflicts. With its headquarters strategically located in the former Wan Chai Police Station, the IOMed is perfectly placed to leverage the city’s established international networks, deep pool of legal professionals, and extensive experience in handling complex international disputes.
Hong Kong’s commitment to mediation and dispute resolution has indeed placed it at the forefront internationally. The city has already developed successful platforms such as the Hong Kong International Arbitration Centre, an institution recognized worldwide for its expertise and impartiality. According to recent statistics from the HKIAC, the number of cases handled by the center has steadily increased, reflecting global confidence in Hong Kong’s legal infrastructure and neutrality in arbitration and mediation processes.
Moreover, the HKSAR’s membership in the IOMed will further strengthen its international relationships, especially with developing nations across Asia, Africa, and Latin America. These regions are increasingly seeking neutral venues to manage disputes involving international trade, investment, and diplomatic relations. With the upcoming establishment of the IOMed, Hong Kong is ideally positioned to become the preferred venue, bridging gaps between East and West, developed and developing nations alike.
The economic implications of hosting IOMed are also significant. International arbitration and mediation activities are high-value-added services, capable of generating substantial economic benefits for the local economy. A recent report by the Asian Academy of International Law said that international legal services contributed significantly to Hong Kong’s GDP growth, generating thousands of professional and support service jobs. The establishment of the IOMed is expected to further stimulate this sector, fostering a new wave of professional opportunities for Hong Kong’s young legal talents.
However, beyond economic gains, the establishment of the IOMed symbolizes Hong Kong’s ongoing commitment to global governance, peace, and political stability. It is a demonstration of the city’s ability to adapt and evolve within the national development blueprint, making tangible contributions to the international community. As geopolitical tensions rise globally, the importance of mediation as a tool for conflict prevention and resolution cannot be overstated. Hong Kong, by taking on this central role, is not merely benefiting itself but is genuinely contributing to global stability and peace.
With the landmark signing ceremony approaching, Hong Kong is ready to embrace this new chapter, reaffirming its position as a global mediation powerhouse. Fully supported by the central government, the city’s future as a leading international mediator looks brighter and more vital than ever. This moment heralds a new era in which Hong Kong proudly stands as a beacon of diplomacy, dialogue, and international cooperation.
The author is the convener at China Retold, a member of the Legislative Council, and a member of the Central Committee of the New People’s Party.
The views do not necessarily reflect those of China Daily.
