Source Pravda.Ru

Russian and Kazakh leaders agree on principles of Caspian bottom resources' division and development

On Monday Russian and Kazakh Presidents Vladimir Putin and Nursultan Nazarbayev signed a document in the Kremlin that laid down the principles and legal basis for the collaboration between the two countries in the sphere of developing the resources of the Caspian Sea. The document stipulates "the geographical coordinates of the modified middle line that divides the bottom of the Northern Caspian between the Russian Federation and the Republic of Kazakhstan in order to exercise sovereign rights for its resources." Vladimir Putin said that Russia and Kazakhstan are fairly dividing the resources of the Northern Caspian. According to him, the deposits at the dividing line will be jointly developed. "We were acting in the interests of both states," said the President. Putin and Nazarbayev highly assessed the document signing. The full title of the document is "The protocol to the agreement between Russia and Kazakhstan on dividing the northern Caspian to exercise the sovereign rights to use resources, dated July 6, 1998." According to the Russian president, the signing of the protocol is a breakthrough in the Caspian cooperation. After the Ashkhabad meeting of the Presidents of five countries surrounding the Caspian Sea - Russia, Kazakhstan, Turkmenistan, Iran and Azerbaijan - Russia and Kazakhstan were the first to lay down legal principles of the Caspian division, stressed Putin. The principle of the division is "to divide the bottom but to leave the water common" which Russia hoped for. According to the Russian President, it is significant for the Moscow-Astana relations. It will positively affect our partners in Europe and North America. All the energy consumers will be interested in this. Nursultan Nazarbayev noted that Russia and Kazakhstan were the first to reach an agreement on the development of the Caspian resources which points to the fact that both countries are striving for strategic cooperation. Nazarbayev thinks that this document is the first of such scale that Russia and Kazakhstan ever signed as CIS countries. Russia and Kazakhstan are expected to sign two other important documents in late May - early June.

Comments
Russia's S-400 missiles lost in storm during transportation to China
Christchurch aftermath: Invaders complain of invaders
Christchurch aftermath: Invaders complain of invaders
Massacres of Muslim Worshipers in Christchurch: Tragic Insanity at Place of Worship
Christchurch aftermath: Invaders complain of invaders
Putin reacts to Kazakhstan president's resignation
Putin reacts to Kazakhstan president's resignation
The Recolonization of Latin America and the War on Venezuela
Christchurch aftermath: Invaders complain of invaders
Christchurch aftermath: Invaders complain of invaders
Christchurch aftermath: Invaders complain of invaders
World's Leading Human Rights Abuser USA
World's Leading Human Rights Abuser USA
World's Leading Human Rights Abuser USA
Christchurch aftermath: Invaders complain of invaders
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
The Recolonization of Latin America and the War on Venezuela
Hot drinks trigger esophageal cancer, new study says
Christchurch aftermath: Invaders complain of invaders
The Decolonization of Western Sahara: A Saharawi vision of the solution
Massacres of Muslim Worshipers in Christchurch: Tragic Insanity at Place of Worship