Bank Of Baku

Azerbaijani President Ilham Aliyev: “Indetermination of Caspian legal status doesn’t have negative impact on regional relations”

Azerbaijani President Ilham Aliyev: “Indetermination of Caspian legal status doesn’t have negative impact on regional relations”
# 18 November 2010 15:56 (UTC +04:00)
He noted that great works are carried out in the direction of determination of the Caspian legal status: “I am sure that practical ways of solution will be found in this direction in future”. Touching upon the importance of Russia-Azerbaijan, Russia-Kazakhstan and Kazakhstan-Azerbaijan agreements, the President said this practice might be an example in determination of legal status of the Caspian Sea in the future.

Azerbaijani President also stated that the Caspian littoral states were not rivals for one another in energy sphere: “Neighboring countries may also use the modern infrastructure created by Azerbaijan for transit of hydrocarbon reserves of the Caspian. Azerbaijan is ready to offer all its opportunities to the Caspian littoral states. I am sure that today’s meetings will contribute to our common work”.
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