The purpose of the present study is to briefly introduce the final (1994) Draft Articles of the International Law Commission (hereinafter ILC) on The Law of Non-Navigational Uses of International Watercourses (hereinafter Draft Articles or 1994 Draft) and to analyse some of the more important and interesting provisions. It is not the intention to discuss basic theories relating to the management of international watercourses, on which numerous studies are already available. Nevertheless, the Draft Articles incorporate two fundamental principles of the law relating to watercourses, viz. the principle of equitable utilization and the no-harm rule, which will be treated at rather greater length because of their importance as well as certain ambiguities in the Draft Articles relating to them.