FRESH MOVES AFOOT TO RESOLVE THE THORNY CASPIAN ISSUE AMONG LITTORAL STATES
March 1st, 2018
IS the Caspian Sea a sea or a lake? A definitive answer may bring a resolution to the thorny issue of just who gets to access to which parts of its lucrative oil and gas reserves. And last December (2017), the Russian foreign minister Sergei Lavrov unexpectedly announced that an agreement had been reached.
Following a meeting in Moscow of the five littoral states – Russia, Iran, Kazakhstan, Turkmenistan and Azerbaijan – Lavrov declared that the parties “have found solutions to all the remaining major issues” related to a draft Convention on the Legal ...
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