The leaders of the five states bordering the resource-rich Caspian Sea signed a landmark deal on its legal status today in the Kazakh city of Aktau, easing regional tensions and potentially facilitating lucrative oil and gas projects.
The leaders of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan signed the agreement on the status of the inland sea, which has been disputed since the collapse of the Soviet Union rendered obsolete agreements between Tehran and Moscow.
The host, Kazakh President Nursultan Nazarbayev said before the signing that the leaders were "participants in a historic event."
"But there are other issues to deal with in other meetings."
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