Core Points - The establishment of the International Mediation Institute marks a historic breakthrough in international dispute resolution mechanisms, providing a new platform for resolving disputes between nations, as well as investment disputes between nations and their citizens [1][2] - The International Mediation Institute aims to promote peaceful and friendly resolutions to international disputes, reflecting a legal civilization that is inclusive and harmonious [3][4] Group 1 - The International Mediation Institute was signed by representatives from 85 countries and nearly 20 international organizations, with 33 countries becoming founding members [1] - Traditional methods of international dispute resolution, such as judicial adjudication and arbitration, have limitations, while mediation respects the parties' wishes and allows for win-win solutions [1][2] - The mediation approach has shown a success rate of around 50% in Hong Kong's court mediation cases, highlighting its unique value in resolving complex conflicts [1] Group 2 - The International Mediation Institute responds to the urgent global demand for peaceful dispute resolution, especially in the context of rising tensions and unilateral actions by major powers [2][3] - Hong Kong has been chosen as the headquarters for the International Mediation Institute, reflecting international recognition of its legal system and its role as a successful example of peaceful dispute resolution [3] - The Institute aims to provide a flexible, economical, and efficient alternative to existing dispute resolution mechanisms, complementing litigation and arbitration [3]

Group 1 - The establishment of the International Mediation Institute is seen as a significant contribution to strengthening the multilateral system, particularly benefiting developing countries facing various challenges [2][3] - The signing of the convention by 33 countries marks the creation of a new international organization dedicated to mediation, which is expected to provide a framework for managing disputes and enhancing international cooperation [2][3] - The International Mediation Institute is anticipated to play a crucial role in resolving armed conflicts and facilitating humanitarian agreements, thereby promoting peace and dialogue [2][3] Group 2 - The headquarters of the International Mediation Institute in Hong Kong is viewed as a strategic advantage, enhancing Hong Kong's role in the regional and global legal service system [3] - The establishment of the International Mediation Institute is considered a milestone event that underscores the necessity and feasibility of multilateralism and peaceful dispute resolution in the current complex international landscape [3] - The ongoing development of the International Mediation Institute's systems and the addition of more member countries are expected to have a profound impact on dispute resolution and peaceful development globally [3]