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On October 1, 2015, the Convention on Choice of Court Agreements entered into force after being signed by Mexico in 2007 and the European Union in June of this year. According to a press release by the Hague Conference on Private International Law, the Convention aims to ensure the certainty and enforceability of forum selection clauses in international commercial contracts. The Convention sets out uniform rules regarding the choice of a court by the parties, the obligation of courts not chosen to decline to hear the case, and the recognition and enforcement of judgments issued by the chosen court. In a press release, the European Commission stressed that the adoption of the Convention “promotes trade by clarifying the rules governing international trade disputes” and “provid[ing] greater certainty to businesses engaging in cross-border activities and therefore creates a legal environment more amenable to international trade and investment.”