Latin American states have come to a new agreement concerning the use of the International Tribunal for the Law of the Sea as a forum for the settlement of law of the sea disputes. According to a press release issued by the Tribunal, the arrangement foresees that when states from the region are involved in proceedings before a special chamber of the Tribunal, meetings may be held at a suitable city in the region. Ordinarily, the Tribunal sits in Hamburg, although the Statute of the Tribunal allows it to sit and exercise its functions elsewhere whenever it considers this desirable…