Judgment_paragraph 24 · Air Baltic Corporation AS v Lietuvos Respublikos specialiųjų tyrimų tarnyba (C-429/14)

24It is to be noted with regard to such an interpretation that, in accordance with settled case-law, an international treaty must be interpreted by reference to the terms in which it is worded and in the light of its objectives. Article 31 of the Vienna Convention of 23 May 1969 on the Law of Treaties, which codifies general international law and is binding on the European Union, states that a treaty is to be interpreted in good faith in accordance with the ordinary meaning to be given to its terms in their context and in the light of its object and purpose (see, to that effect, judgments in IATA and ELFAA, C‑344/04, EU:C:2006:10, paragraph 40, and Walz, C‑63/09, EU:C:2010:251, paragraph 23).