UNCITRAL has now released its much-anticipated report on the work of its Working Group II (Dispute Settlement) during its sixty-eighth session (New York, 5–9 February 2018), which notably focused on the preparation of instruments on enforcement of international commercial settlement agreements resulting from mediation. The title of the draft convention is currently “United Nations Convention on International Settlement Agreements Resulting from Mediation”. An amended Model Law is also under consideration.
The report may be accessed here.
Update: see the final draft here