Leaders of Caspian states sign convention after two decades of negotiations

The presidents of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan have signed a convention on the status of the Caspian Sea after more than two decades of negotiations.

At the fifth Caspian summit, Vladimir Putin, Nursultan Nazarbayev, Hasan Rouhani, Ilkham Aliyev and Gurbanguly Berdymukhamedov inked the document determining the legal status of the Caspian Sea. Work on the document has been ongoing since 1996. Several other documents on regional cooperation were signed at the summit, including a protocol on cooperation in the fight against terrorism, a protocol on cooperation in the fight against organised crime, as well as an agreement on avoiding incidents in the Caspian Sea.

In the economic sector, the countries bordering the Caspian Sea signed an agreement on trade and economic cooperation as well as an agreement on cooperation in the transport sector. The leaders of the five countries also signed a protocol on cooperation and interaction of the border control agencies.

Russia's president Putin said that he sees the Convention on Caspian Sea's Legal Status as a good example of successful teamwork despite the current difficult global conditions.  

"Success that has been achieved, and this is certainly success, has become possible to a great extent due to a high level of trust and mutual understanding between the leaders of the Caspian states, their readiness to always act within the logic of respect, partnership and equality," the Russian president said.

related content: "The Caspian is neither a sea nor a lake"

source: commonspace.eu with agencies

photo: The presidents of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan have signed a convention on the status of the Caspian Sea in Atau on 12 August 2018

 

 

 

 

 

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
US and Ukraine sign deal giving US access to country’s valuable mineral wealth

US and Ukraine sign deal giving US access to country’s valuable mineral wealth

The United States and Ukraine have signed a minerals deal after a two-month delay, in what President Donald Trump's administration called a new form of US commitment to Kyiv after the end of military aid. Ukraine said it secured key interests after protracted negotiations, including full sovereignty over its own rare earths, which are vital for new technologies and largely untapped. Trump had initially demanded rights to Ukraine's mineral wealth as compensation for US weapons sent under former president Joe Biden after Russia invaded just over three years ago.

Popular

Editor's choice
News
US and Ukraine sign deal giving US access to country’s valuable mineral wealth

US and Ukraine sign deal giving US access to country’s valuable mineral wealth

The United States and Ukraine have signed a minerals deal after a two-month delay, in what President Donald Trump's administration called a new form of US commitment to Kyiv after the end of military aid. Ukraine said it secured key interests after protracted negotiations, including full sovereignty over its own rare earths, which are vital for new technologies and largely untapped. Trump had initially demanded rights to Ukraine's mineral wealth as compensation for US weapons sent under former president Joe Biden after Russia invaded just over three years ago.