China launches IOMed in Hong Kong for peaceful resolutions

China launched the International Organisation for Mediation (IOMed) in Hong Kong on Friday, aiming to promote peaceful dispute resolution in a fractured world. The organization seeks to reinforce multilateralism amid rising global tensions. Over 30 countries have backed the IOMed, with Pakistan, Indonesia, Belarus, and Cuba as founding members. China's Foreign Minister Wang Yi emphasized the organization's role in addressing disagreements through dialogue and cooperation, aligning with UN principles. The IOMed emerges as existing multilateral institutions face strain, including challenges in enforcing international law. The organization's success hinges on its ability to navigate geopolitical complexities and build broad legitimacy.