Law-ref.org THE PACIFIC SETTLEMENT OF INTERNATIONAL DISPUTES (2)
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THE PACIFIC SETTLEMENT OF INTERNATIONAL DISPUTES (2)
PART-IV: International Arbitration
CHAPTER-II: The Permanent Court of Arbitration
ARTICLE 48
ARTICLE 48
The Contracting Powers consider it their duty, if a serious dispute threatens to break out between two or more of them, to remind these latter that the Permanent Court is open to them.
Consequently, they declare that the fact of reminding the parties at variance of the provisions of the present Convention, and the advice given to them, in the highest interests of peace, to have recourse to the Permanent Court, can only be regarded as friendly actions.
In case of dispute between two Powers, one of them can always address to the International Bureau a note containing a declaration that it would be ready to submit the dispute to arbitration.
The Bureau must at once inform the other Power of the declaration.