Caspian Sea: Five countries sign deal to end dispute – BBC News

Five countries agree to share the resource-rich Caspian Sea after more than two decades of dispute.

Russia, Iran, Azerbaijan, Kazakhstan and Turkmenistan – all bordering the Caspian Sea – have agreed in principle on how to divide it up.

Their leaders signed the Convention on the Legal Status of the Caspian Sea in the Kazakh city of Aktau on Sunday.

It establishes a formula for dividing up its resources and prevents other powers from setting up a military presence there.

It is an important step in the easing of regional tensions, but the deal over the world’s largest inland body of water matters for several reasons.

Source: Caspian Sea: Five countries sign deal to end dispute – BBC News

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