THE HAGUE, February 19, 2013.

The Court of Arbitration constituted in the matter of the Indus Waters Kishenganga Arbitration (Pakistan v. India) has rendered a Partial Award in respect of the dispute between Pakistan and India under the Indus Waters Treaty concerning (1) the legality of the construction and operation of an Indian hydro-electric project located in India-administered Jammu and Kashmir; and (2) the permissibility under the Treaty of the depletion of the reservoirs of certain Indian hydro-electric plants below “Dead Storage Level.”1

In its Partial Award, which is final with respect to the matters decided therein, without appeal and binding on the Parties, the Court of Arbitration unanimously decided: