The legal status of the Caspian Sea has been regulated

14.08.2018 r.

The legal status of the Caspian Sea has been regulated

The legal status of the Caspian Sea has been regulated on Sunday (12 August 2018), the summit of the Caspian countries signed the Convention regulating the legal status of the Caspian Sea, which since now, had been a complex political and legal problem in international relations. The Caspian Sea, by virtue of a signed document, is to have a special legal status, different from the status of the sea and lake. The regulation of the Convention is intended to create full jurisdiction for coastal States over raw materials under the seabed, which may be important for the global energy industry.

 

/AG/