32.A letter dated 28 Apri12015 was sent to the Parties requesting them to respond to the proposal for an amicable settlement by 27 May 2015 and to identify the issues to be discussed, which would then be exchanged between them. 33. By a letter dated 27 May 2015, the Applicant indicated that it was amenable to an amicable settlement. 34. By a notice dated 27 May 2015, the Respondent set out the issues to be discussed and these were transmitted to the Applicant by a notice dated 28 May 2015. 35. By a notice dated 17 June 2015, the parties were informed that the Court has granted the Applicant a 60-day extension to file the issues for the amicable settlement. 36. On 18 August 2015, the Registry received the Applicant's conditions for amicable settlement and these were transmitted to the Respondent on 21 September 2015. The Respondent was invited to file its response thereto no later than 31 October 2015. 37. On 10 November 2015, the Respondent submitted its response on the conditions and issues for an amicable settlement and these were transmitted to the Applicant by a notice dated 20 November 2015. 38.0n 13 January 2016 , the Applicant wrote to the Court in response to the conditions proposed by the Respondent. The Applicant indicated that it was not satisfied with the proposal and asked the Court to proceed with the matter and deliver a judgment. The Applicant ' s request was transmitted to the Respondent by a notice dated 14 January 2016 . The Respondent did not react to this notification. 39. Since the attempt to settle the matter amicably did not succeed , at its 40th Ordinary Session held from 29 February to 18 March, 2016, the Court decided to proceed with consideration of the Application and issue the present judgment . '} J7 r-~-; 8

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