President Ilham Aliyev signed the law on the ratification of the Convention on the Legal Status of the Caspian Sea, according to the official website of the President.
“Ratify the “Convention on the Legal Status of the Caspian Sea ”, signed on August 12, 2018 in the city of Aktau,” the document reads.
On February 8, the head of state signed the Convention on the Legal Status of the Caspian Sea, Nursultan Nazarbayev.
In accordance with the Convention on the Legal Status of the Caspian Sea, the Caspian Sea remains in common use by Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan, and the bottom and subsoil are divided by neighboring states into areas according to agreement between them on the basis of international law. Shipping, fishing, research and construction of trunk pipelines are carried out according to the rules agreed by the parties.