Bank Of Baku

Khalaf Khalafov: “We are negotiating with Turkmenistan and Iran on delimitation of the Caspian seabed basing on the median line principle”

Khalaf Khalafov: “We are negotiating with Turkmenistan and Iran on delimitation of the Caspian seabed basing on the median line principle”
# 14 April 2008 13:54 (UTC +04:00)
Mentioning that Azerbaijan, Russia and Kazakhstan reached agreements and signed treaties on the status of the Caspian Sea, the Deputy Minister said the documents envisaged the delimitation of the Caspian Seabed basing on the median line principle.
“These legal documents regulate the efforts of three countries in this direction. The negotiations with other countries also base on these principles. I can say it plainly that we are negotiating with Turkmenistan and Iran on the delimitation basing on the median line principle”, he said.
Khalaf Khalafov also underlined that there were various elements, approaches while applying the median line principle.
“We should bring the positions closer and reach a complete agreement”, he said.
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