Opening Asia for Russia

Vladimir Putin: “The adoption of the Convention on the Status of the Caspian Sea will go down in history as having taken place in Kazakhstan”

13.08.2018 178 просмотров

At a meeting with the head of the Republic of Kazakhstan, Nursultan Nazarbayev, the President of Russia stressed that the results of the fifth Caspian summit, which resulted in the adoption of the Convention on the Status of the Caspian Sea, would create all the necessary conditions for the economic development of the entire region.


"This is a great event, to which we have been moving for a long time, for two decades, we have been looking for a solution, and finally a solution has been found. It will certainly contribute to the development of our cooperation in the Caspian region," the Russian leader said.

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Still from Big Asia News / Reuters

"As for bilateral relations, the trade turnover is growing, the projects we are talking about and supporting are developing: this is Baiterek, this is cooperation in the field of energy, transport, and other programs. There are a lot of interesting initiatives here, I I am sure that all of them will develop successfully," the President of Russia noted.

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Still images from Big Asia TV News / Reuters
Nazarbayev thanked Putin for his active participation in the preparation of the summit and the convention.

Speaking about bilateral relations, the head of Kazakhstan stressed that the presidents of the two countries and within the framework of the Russian-Kazakh forum will have the opportunity to discuss them in Pavlovsk and the summit in Dushanbe. 

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Still images from Big Asia TV News / Reuters

The President of Turkmenistan proposed to hold the next Caspian Summit in his country.

"I want to express my gratitude to the heads of the Caspian states for their great personal contribution to the development of cooperation in the Caspian," said Gurbanguly Berdimuhamedov. - I propose to hold the next summit of the heads of the Caspian states in Turkmenistan. 

He paid special attention to the creation of a mechanism for political consultations at the level of foreign ministers.

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Stills from Big Asia TV News / Reuters

The 5th Caspian Summit was held in the Kazakh city of Aktau on the shores of the Caspian Sea and was attended by Russian President Vladimir Putin, Kazakh President Nursultan Nazarbayev, and Turkmen President Gurbanguly Berdimuhamedov, Iranian President Hassan Rouhani, Azerbaijani President Ilham Aliyev The main outcome of the summit was the signing of the Convention on the Legal Status of the Caspian Sea.

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Still image from the Big Asia News Channel / Reuters

The fifth Caspian summit, held on Sunday in the Kazakh coastal city of Aktau, completed more than 20 years of work to determine legal status of the Caspian Sea. In the media, the document has already been called the "Constitution" of the Caspian Sea.

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Still images from Big Asia News / Reuters

The Convention on the Legal Status of the Caspian Sea, signed at the summit, only fixes the general principles of interaction in the region. Many issues are to be worked out in additional agreements, primarily on the final delimitation of water spaces and subsoil. To solve them, the heads of state agreed to create a special mechanism for regular consultations on the Caspian issues.

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Still images from Big Asia News / Reuters

The convention is to be ratified by the parliaments of the Caspian countries.  ;

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Still images from Big Asia News / Reuters


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Photo: Alexey Nikolsky/TASS

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