Long-Awaited Result: Convention on the Legal Status of the Caspian Sea Was Adopted

On August 12, 2018 in the Kazakh city of Aktau presidents of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan signed the Convention on the legal status of the Caspian Sea. This fundamental document creates a new legal regime of the Caspian Sea that meets modern requirements and aims at further intensification of the comprehensive interaction of coastal countries. The Caspian were going to sign this Convention for more than 20 years…