Abstract
After the breakup of the Union of Soviet Socialist Republics (USSR), the Caspian states have been negotiating to achieve a common resolution of the territorial delimitation dispute regarding the Caspian Sea. The only progress in the resolution of this dispute belongs to the series of bilateral agreements between the littoral states and the Framework Convention on Protection of the Marine Environment of the Caspian Sea, 2003 signed by all Caspian littoral states. Both Iran and the Russian Federation still recognise the valid status of the Treaty of Friendship between the Socialist Federate Republic of Russia and Persia on 26 February 1921 and the Treaty of Commerce and Navigation between the Union of Soviet Socialist Republics and Iran on 25 March 1940 with supplements. According to these treaties, the Caspian Sea is under the regime of condominium among the littoral states. The question at issue is the size of the zones or sectors which could be obtained by the littoral states and their sovereign rights over the territory. Although no common agreement declaring the sovereign rights of the littoral states over the territory of the Caspian Sea and resources in it was concluded, development of Caspian hydrocarbon resources has already started.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.