We report observation of a new non-dissipative, nonlocal, Josephson current, which is carried by an Andreev bound state (ABS) that connects three superconducting terminals. Sensitive cross-correlation measurements of current fluctuations prove the origin of the effect and point to its non-local characteristics. An interference measurement in a bi-Squid device, demonstrates that the Josephson current results by a coherent process. In addition, a rich subharmonic gap structure, which arises from non-local multiple crossed Andreev reflection processes, is observed.