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Gold/Mining/Energy : Caspian Sea Oil

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To: Copperfield who started this subject4/21/2002 11:09:22 AM
From: Copperfield   of 41
 
Caspian summit to be held amid security measures
Ashkhabad, April 19, IRNA -- A summit on the Caspian Sea is to be
held amid tight security measures in Ashkhabad, Turkmen capital,
in the near future.
Turkmen police is still to tighten the security in streets and
places around the venue of the summit.
Reportedly, Caspian states -- Russia, Iran, Kazakhstan,
Azerbaijan and Turkmenistan -- have already agreed to convene in
Turkmen capital Ashkhabad between April 23 and 24 in order to discuss
the legal status of the inland waters.
The summit is expected to bring closer positions of participants
in the negotiating process and to give it an additional impetus.
Iran's special envoy for Caspian Sea affairs, Mehdi Safari, was
on a ground breaking visit to Turkmenistan recently before a scheduled
participation of President Mohammad Khatami in the forthcoming summit
of the coastal states of Caspian Sea in Ashkhabad.
The five coastal states of the sea have still to come up with a
formula over the legal regime of the sea to exploit its resources.
Iran calls for a condominium or common sovereignty on the sea and
has made it known that it considers any unilateral deals for energy
exploration in the Caspian Sea as null and void before the issue of
legal regime of the Caspian is settled.
Iran believes the agreements of 1921 and 1940 between Moscow and
Tehran are still valid until a new legal regime of the Caspian Sea is
drawn up.
Safari recently dismissed earlier as "unsubstantiated" rumors and
reports on the sharing of the energy-rich Caspian Sea. He said that no
new agreement has been achieved among the Caspian Sea countries on the
legal status of the Caspian Sea.
He said the agreements signed in 1921 and 1940 between Iran and
the then Soviet Union are currently considered the valid documents on
the Caspian Sea.
Safari point out that Iran continue to hold its policy on the
Caspian sea which consists of giving a 20 percent share to all states
surrounding it.
The summit of chiefs of state of the Caspian Sea countries is to
discuss on how to come to an agreement to distribute the sea-bed
resources of the land-locked sea.
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