UN General Assembly
1959

253. We therefore think that this problem is fully covered and pursuant to the principles laid down in the 1888 Constantinople Convention, paragraph 7 of which states: "(a)...The Suez Canal Authority, by the terms of its Charter can in no case grant any vessel, company or other party, any advantage or favour not accorded to other vessels, companies or parties on the same conditions,. "(b) Complaints of discrimination or violation of the Canal Code shall be sought to be resolved by the complaining party by reference to the Suez Canal Authority. In the event that such a reference does not resolve the complaint, the matter may be referred, at the option of the complaining party or the Authority, to an arbitration tribunal composed of one nominee of the complaining party, one of the Authority and a third to be chosen by both. In case of disagreement, such third member will be chosen by the President of the International Court of Justice upon the application of either party. "(c) The decisions of the arbitration tribunal shall be made by a majority of its members. The decisions shall be binding upon the parties when they are rendered and they must be carried out in good faith... "