Russia ratified the Convention on the legal status of the Caspian sea

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Convention on the legal status of the Caspian sea will be ratified by Russia in the near future. This was stated by Prime Minister of Russia Dmitry Medvedev, reports TASS.

“Russia intends to ratify it in the near future”, — said Medvedev, noting that the Caspian countries can find mutually beneficial solutions, “imposed without side recipes” and respect each other’s interests. In addition, the Russian Prime Minister noted that the Caspian States should not focus only on the raw material component of the economy.

Convention on the legal status of the Caspian sea was signed by Russia, Iran, Kazakhstan, Azerbaijan and Turkmenistan in August 2018. The document grants the States exclusive and committed right on the Caspian sea, responsible development and use of subsoil and other resources.

Video, photo All from Russia.

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