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Turkmenistan prepares Caspian Sea development concept

Business Materials 7 September 2010 16:04 (UTC +04:00)

Turkmenistan, Ashgabat, September 7 / Trend H. Hasanov /

A draft concept on the Development of Fisheries on the Caspian Sea until 2030 is under preparation by Turkmen authorities, an official Turkmen source has reported.

This issue was discussed during a meeting of the interdepartmental commission on the Caspian Sea held in Ashgabat. Priority areas in Tukmenistan's Caspian Sea policy were discussed.

Turkmenistan wants to expand mutually beneficial, constructive cooperation in the Caspian Sea region, preserving biodiversity and undertaking the rational development of the richest resources in the unique water body.

The country's leadership also supports projects implemented by international institutions such as the United Nations Environment Programme (UNEP) and the Caspian Environment Programme (CEP).

Turkmenistan, along with Azerbaijan, Kazakhstan, Russia and Iran, borders the Caspian Sea, which is rich in hydrocarbons and bio-resources.

After the collapse of the Soviet Union, a new agreement on the legal status of the sea was needed and the five Caspian states agreed a convention replace the legal regime established by Soviet-Iranian treaties. The next summit of Caspian states will be held in Baku.

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