Interaction on the Caspian Sea is the most important area of Turkmen-Azerbaijani cooperation. Our countries have made a great contribution to the transformation of the Caspian Sea into a zone of strong peace, good neighborliness, mutual understanding and fruitful partnership. According to all Caspian littoral states, the Caspian Sea is a sea of peace and good neighborliness, said President of Turkmenistan Gurbanguly Berdimuhamedov in a meeting through video conferencing with President of the Republic of Azerbaijan Ilham Aliyev in connection with the signing of a Memorandum of Understanding between the Government of the Republic of Azerbaijan and the Government of Turkmenistan on joint exploration and development of hydrocarbon resources of the “Dostlug” field in the Caspian Sea, APA reports.
"The signing of the Convention on the Legal Status of the Caspian Sea by the leaders of the five littoral states in August 2018 was the result of multilateral cooperation. This Convention marked the beginning of a new phase of cooperation in the Caspian Sea, including the field of energy. During the first Caspian Economic Forum held in Turkmenbashi in 2019, we had very meaningful and useful talks with the delegation of the Government of Azerbaijan and reached a number of important agreements. Today, we need to understand the need to consistently strengthen bilateral relations, the overlapping long-term interests in key areas of cooperation in the Caspian Sea, the great prospects for our states, other littoral countries, neighboring regions and large international business in the Caspian Sea," added President Berdimuhamedov.