Venezuela's Ministry of Foreign Affairs announced that the country has officially joined the International Organization for Mediation (IOMed), a global initiative spearheaded by China.
In a statement, the Venezuelan government described the IOMed as a powerful multilateral tool, emphasizing that its establishment signifies a decisive shift in global order toward multipolarity, multilateralism, peace, and justice. Venezuela extended its congratulations and gratitude to China for its "historic contributions to world peace, international justice, and the development of Global South nations."
The Venezuelan Ministry of Foreign Affairs further stated that the country's relevant legal bodies would submit the necessary documents to parliament on June 3 to complete the domestic legal procedures required for formal participation in the organization.
The signing ceremony for the IOMed took place on May 30 in Hong Kong, with high-level representatives from 85 countries across Asia, Africa, Latin America, and Europe, as well as nearly 20 international organizations, in attendance. Approximately 400 representatives participated in the event, and 33 countries signed the treaty on-site, becoming founding members of the organization.
The IOMed is designed to mediate disputes between states, between states and foreign investors, and international commercial disputes based on the consent of all parties. It fills a gap in the field of international mediation mechanisms and is regarded as a significant legal public good to enhance global governance.
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