22 Jun 2024
Monday 13 August 2018 - 15:17
Story Code : 315667

Landmark Caspian Sea deal signed by five coastal nations

The Guardian | : Convention seen as vital to break Irans sense of economic isolation after US sanctions

Vladimir Putinmet the Iranian president, Hassan Rouhani, on Sunday at the close of a dramatic week in which each had been threatened with punishing economic sanctions by the US.

But they were not meeting to publicly agree a united response to the act of economic warfare, asRussiadescribed the sanctions. The two presidents were in the small Kazakh coastal city of Aktau to sign a legal convention on the Caspian Sea.

After more than 20 years of fraught diplomatic efforts, the five littoral Caspian nations Russia, Iran, Kazakhstan, Azerbaijan andTurkmenistan agreed upon a legal framework for sharing the worlds largest inland body of water, which bridges Asia and Europe and has reserves of oil and gas as well as being a habitat for sturgeon.

Read more here
Your Name
Your Email Address