Caspian Sea states sign landmark deal that brings Iran and Russia closer

Aktau, Kazakhstan — The leaders of the five states bordering the resource-rich Caspian Sea signed a landmark deal Sunday on the legal status of the inland sea which boasts a wealth of oil and gas reserves and sturgeon. The leaders of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan signed the agreement on the status of the inland sea, which has been disputed since the collapse of the Soviet Union rendered obsolete agreements between Tehran and Moscow.

The host, Kazakh President Nursultan Nazarbayev, said before the signing that the leaders were “participants in a historic event”.(Read more…)