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President: Turkmenistan stands for dialogue in Caspian basin

Turkmenistan Materials 5 May 2012 09:35 (UTC +04:00)

Turkmenistan, Ashgabat, May 5 / Trend, H. Hasanov /

Turkmenistan, as a consistent supporter of maintenance of peace, harmony and stability in the Caspian basin, stands for constructive dialogue based on international law and the national interests of all parties, President Gurbanguly Berdimuhammadov said at the Cabinet meeting, the Turkmen government said on Saturday.

The Caspian Sea washes the coasts of Azerbaijan, Russia, Kazakhstan, Iran and Turkmenistan.

"Fully and efficient realization of the multifaceted potential of the Caspian Sea
is of strategic importance for neighboring countries' economies, and, above all, for our country, " the report says.

A report on the information base on the Caspian Sea issues, prepared by the State enterprise for the Caspian Sea under the President of Turkmenistan was also presented at the government meeting.

It was mentioned at the government meeting that the Turkmen delegation on the development of draft convention on the legal status of the Caspian Sea is actively involved in the five-sided meeting, held within a special working group, acting at the level of deputy foreign ministers of the Caspian states.

"Based on joint declarations adopted following the second and third meetings of heads of Caspian states, held, in the Islamic Republic of Iran and Azerbaijan respectively, a new legal basis of mutually beneficial cooperation in the Caspian Sea is being formed between the Caspian states," the report says.

The littoral states (Azerbaijan, Kazakhstan, Russia, Turkmenistan and Iran) signed the Framework Convention for the Protection of the Marine Environment of the Caspian Sea in November 2003.

In July 1998, Russia and Kazakhstan signed an agreement on the delimitation of the northern part of the Caspian Sea in order to exercise sovereign rights for subsoil use.

On Nov. 29, 2001 and Feb. 27, 2003, Kazakhstan and Azerbaijan signed an agreement on the delimitation of the Caspian Sea.

Kazakhstan, Azerbaijan and Russia signed an agreement on the delimitation of adjacent sections of the Caspian Sea on May 14, 2003.

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