Trade and transport – drivers of prosperity and progress of the Caspian countries

Trade and transport – drivers of prosperity and progress of the Caspian countries

Iranian Foreign Minister Hussein Amir Abdullahian stressed the importance of the agreement on direct baselines, speaking at a meeting of the foreign Ministers of the Caspian littoral states on Tuesday in Ashgabat.

In the four years since the signing of the Convention on the Legal Status of the Caspian Sea, important steps have been taken forward, but such issues as the delimitation of the water space, the seabed and the subsoil remain unresolved.

A High-level Working Group was established to develop a draft agreement on direct baselines, which has already held four meetings to finalize the document.

In general, Abdullahian noted the promotion of five-sided cooperation in the Caspian Sea within the framework of the implementation of the Caspian Convention, aimed at taking into account the interests of all the Caspian states, which should only benefit from cooperation.

According to the Iranian Foreign Minister, trade and transport, which were given special attention at the current ministerial meeting, are the drivers of growth, prosperity and progress of the Caspian countries.

ORIENT news