Current Context: India rejected the Permanent Court of Arbitration’s (PCA) award concerning the Indus Waters Treaty interpretation.
ABOUT PCA
- Nature: Treaty-based intergovernmental organisation facilitating arbitration and dispute resolution between states.
- Established: 1899 at the First Hague Peace Conference by the Convention for the Pacific Settlement of International Disputes.
- Members: 125 contracting parties (including India).
- Headquarters: Peace Palace, The Hague, Netherlands.