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Caspian Sea Agreement Symptomatic of Wider Geopolitical Changes
The agreement signed on 12 August gave each of the five states a 15 nautical mile exclusive territorial zone, plus a further 10 nautical mile exclusive fishing zone. The balance of the sea area was for common use. Its economic development would therefore be a joint exercise with the benefits equally shared. A Caspian Economic Forum was also established to determine, inter alia, the practical means and effects of such cooperation.

The second aspect of the agreement relates to security arrangements. All non-littoral States are forbidden to have foreign military bases. This is specifically directed at NATO, which continues its encroachment and attempted encroachment in all nations with proximity to Russia.

misplaced precision
Russia, Iran, and three others agree Caspian status, but not borders [!]
Speaking after the signing on Sunday, all five leaders praised it as historic event, but provided little detail about provisions on splitting the seabed.
[...]
"The scale of the projects in disputed waters is not comparable to the existing super-giant fields, from Azeri Chirag Guneshli and Shah Deniz in Azerbaijan to Kashagan in Kazakhstan," [analyst at energy consultancy Wood Mackenzie Ashley] Sherman said.


Diversity is the key to economic and political evolution.
by Cat on Sat Aug 18th, 2018 at 05:29:06 PM EST
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