The major part of the Caspian Sea basin will remain in the common use of the Caspian Sea littoral states, Russian President Vladimir Putin said after the Caspian Summit, RIA Novosti reported.
"The negotiations resulted in achieving clear formulations on the delimitation of water areas, the seabed and subsoil, as well as the navigation and fishing regime. The term which envisages that the major part of the Caspian Sea basin will remain in the common use of the littoral states is of great importance. All this allows to eliminate any misunderstanding or tension in the interstate relations which emerged before due to different interpretations of the regime of the Caspian Sea waters," Putin added.
The statement also reflects one of the fundamental principles for ensuring stability and security - only the littoral states have the right to have armed forces in the Caspian Sea.
"This is a historical regime and we are not going to change it," Russian president said.
Putin also touched upon the agreement on the security of the Caspian Sea, which allowed to intensify cooperation between the littoral states.
"This is a framework agreement," Putin said. "In order to successfully implement the agreements reflected in it, we should immediately start developing protocols on the interaction of border services and tax services of the five countries."
He said Russia's border service have already worked out the relevant document and handed it over to the colleagues.
The 4th Caspian Summit kicked off in Astrakhan, Russia on Sept. 29, according to a message posted on the Russian president's official website.
The summit brought together the heads of all Caspian littoral states - Azerbaijani President Ilham Aliyev, Russian President Vladimir Putin, Iranian President Hassan Rouhani, Kazakh President Nursultan Nazarbayev, and Turkmen President Gurbanguly Berdimuhamedov.