A dispute between two countries will be heard by a global panel. The issue began when one country withdrew from an agreement made in 2001. This agreement was meant to facilitate joint energy exploration efforts.

The country that initiated the conciliation process did so through a United Nations-backed mechanism. This mechanism is based at the Permanent Court of Arbitration.

Further details about the dispute and the conciliation process are available from the source. The dispute is related to offshore energy exploitation in a specific body of water.