Leaders of the five littoral states agreed on the principles of national sovereignty of each country over the coastal maritime space in the range of 15 miles and 10 "fishing" miles, said a policy statement adopted by the leaders of the Caspian Five, RIA Novosti reported.
"The activities of the parties on the Caspian Sea will be carried out on the basis of principles agreed by them, including national sovereignty of each side of the coastal maritime space within 15 nautical miles of the exclusive rights of each party for the production of aquatic biological resources within the adjacent 10 nautical miles, followed by the total water space, with the understanding that the issue of the application of techniques with establishment of baselines will be the subject of further consultations between the parties," said the statement.
Leaders of the five Caspian littoral states agreed on the principles of the right for free access from the Caspian Sea to other seas and back on the basis of international law, taking into account the interests of the transit parties, said the statement adopted by the Presidents on the basis of the Caspian summit.
"The activities of the parties on the Caspian Sea will be carried out on the basis of agreed principles, including: the implementation of navigation on the Caspian Sea, the passage to/from it by vessels only under the flag of each of the parties, the rights for free access from the Caspian Sea to other seas, oceans and back on the basis of universally recognized norms and principles of international law and agreements of the parties concerned, taking into account legitimate interests of the parties of transit in order to promote international trade and economic development," the document said.
The document also enshrines the principles of "delimitation of the seabed and subsoil of the Caspian Sea on the basis of universally recognized principles and norms of international law in order to implement the sovereign rights of the parties on the use of mineral resources and other legitimate economic and business activities related to the development of the seabed and subsoil resources by agreement of the parties."
The IV Caspian summit opened today in Astrakhan, said a statement posted on the website of the President of Russia.
The summit brought together the heads of all Caspian littoral states - Azerbaijan's President Ilham Aliyev, President of Russia Vladimir Putin, President of Iran Hassan Rouhani, President of Kazakhstan Nursultan Nazarbayev, President of Turkmenistan Gurbanguly Berdimuhamedov, according to the statement.