Negotiation is the first step. It involves direct discussion between or among the parties of the dispute. Good officers involve the assistance of a third party which offers only the channel of communication between the conflicting parties. Mediation is also the involvement of a third party but with a suggestion of terms of settlement. Conciliation is similas to mediation except for the legal distinction that the third party is a commission or international body whose aid has been sought in finding a solution satisfactory to the disputants. Arbitration is a means of applying legal principles to a controversy within limits previously agreed upon by the disputing parties. A panel of judges or arbitrators is created either by special agreement of the involved parties or by an existing arbitral treaty. Finally, adjudication or juducial settlement is a process of submitting a dispute to an international court for decision. The court decides the dispute