The presidents of the five states Russia, Iran, Kazakhstan, Turkmenistan and Azerbaijan have inked the landmark agreement for collective use of the Caspian sea after two decades of negotiations.

The agreement was singed at Fifth Caspian Summit held at Aktau at Kazakhstan.

The document clearly regulates the issues of necessary delimitation, navigation and fishing regimes, fixes the principles of military-political interaction of the participating countries and guarantees the use of Caspian Sea exclusively for peaceful purposes.

Putin also outlined the prospects of cooperation between the Caspian states in the spheres of tourism, ecology and conservation of bio-resources, suppression of drug trafficking as well as prevention and liquidation of emergency situations.

Source: Radio Pakistan

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