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The Arbitration Tribunal for Delimitation of Maritime Boundary between India and Bangladesh, established under Annex VII of the UN Convention of Law of the Sea (UNCLOS), rendered its award on July 7, 2014, keeping in mind the competing claims of the two countries. The Award is final and binding on both the Parties. 
 
The award puts an end to a long standing issue between India and Bangladesh which has impeded the ability of both countries to fully exploit the resources in that part of the Bay of Bengal. The peaceful settlement of this issue on the basis of international law symbolizes friendship, mutual understanding and goodwill between the two countries. 
 
This Information was given by the Minister of state in the Ministry of External Affairs and Overseas Indian Affairs Gen. (Retd.) Dr. V. K. Singh in Rajya Sabha today.
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