5 nations sign deal on Caspian Sea water, fishing rights

MOSCOW — Leaders of the five countries along the Caspian Sea have signed a convention aimed at ending decades-long uncertainty over exploitation of its resources.

The agreement signed Sunday in Aktau, Kazakhstan, by the presidents of Russia, Iran, Azerbaijan, Turkmenistan and Kazakhstan, establishes rules for declaring each country’s territorial waters and fishing zones. But the issue of how the seabed, which contains rich oil fields, will be delineated between the countries remains subject to further negotiations.

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