scholarly journals Economic Relations of the Caspian Sea Countries

Author(s):  
Orman Sultanli

The article deals with the economic and political contradictions of the Caspian region. The first and most significant step towards building mutually beneficial cooperation between the five countries located on the Caspian sea coast was the signing of the Convention on the legal status of the Caspian sea of 12 August 2018 (the Convention), which defined the common interests of the countries in economic and security issues. This is only the beginning of a successful regional cooperation. Nevertheless, favorable conditions have already been created for the deepening of mutually beneficial economic cooperation and the development of new transit and transport infrastructure. Despite certain aspects of competition in the international hydrocarbon market, the countries of the Caspian region can form a joint production infrastructure based on joint concession megaprojects in order to ensure the export of petroleum products with a high share of added value. This aspect, as well as common interests in the field of security and preservation of the Caspian sea ecosystem, can become the Foundation for the creation of a new regional Association of countries. The article reveals the main issues that can be resolved through the implementation of joint mutually beneficial regional projects. In economic terms, the main obstacle is the competition of the countries of the region in the Chinese hydrocarbon market. Taking into account the capacity and potential of this market, the transition from the positions of competitors to the positions of joint supplies could be ensured by the creation of a single processing production interstate cluster.

Author(s):  
V.V. Pushkareva

The Caspian region appears in international political terms with the USSR collapse. It includes five littoral countries - Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan, which are building cooperation with each other and with non-regional actors in the new geopolitical conditions. The formation of relations is influenced both by the common and diverse national interests of the Caspian states, and by the constant direct and indirect impact of external players: the United States, the European Union, China and Turkey. Each of them regards the Caspian region as the most important strategic space for political and economic control over Eurasia in accordance with their own interests. The interest of the world powers in strengthening their influence in the Caspian Sea is connected, firstly, with oil and gas reserves, and secondly, with the fact that the region is the center of Eurasia, where a transport transit corridor connecting Europe with various regions of Asia passes. The domestic and foreign political conditions of the Caspian region are not easy. The main problems of regional cooperation are the disunity of the region, the potential for the implementation of "color revolutions" against the background of socio-economic difficulties. The "domino effect" in development of the situation is quite real. There is no reliable mechanism to protect regional interests. The first steps to form multilateral cooperation have been taken on the basis of The Convention on the legal status of the Caspian Sea.


Author(s):  
Araz O. Mursaliev

In 2018, the legal status of the Caspian Sea was clearly defined. Hence, the issue of sustainable development takes the centre stage. Regional legal regime of environmental protection may develop through the transfer of executive functions provided for in the intergovernmental convention and entrusted to the national authorities of the Caspian States to a single competent authority in order to improve their efficiency. The article is aimed at studying the issues of correlation between international legal rules on the Caspian Sea environmental protection and Russian national legislation in order to identify the optimal scope of executive functions that can be transferred to a regional intergovernmental organization, as well as to identify promising directions for further development of the applicable national legislation. The author shows that for a more efficient environmental protection of the Caspian region the Caspian states need a single regional intergovernmental body that coordinates their environmental activities, collects data and information on pollution on a centralized and timely basis, and regularly performs assessment of the Caspian region environment. Further, the author also shows the need for further development of applicable national legislation in the context of the concept of integrated coastal management


2021 ◽  
Vol 6(16) (4) ◽  
pp. 36-48
Author(s):  
A. K. Akhmadiyev ◽  
D. S. Brylov

Consideration of the issue of the legal status of the Caspian Sea seems very relevant both from the social and political point of view and from the point of view of the organization of subsoil use. Today, the Caspian hydrocarbon reserves are estimated at about 3% of the total world reserves, which makes this region a place of attraction for many subsoil users, as well as a place of clash of private and public, as well as interstate interests. It is the study of interrelations and mutual influences of socio-economic and mineral components in this region that is most important for understanding the system of relations in the region and their forecasts. The aim is to analyze retrospectively the formation of common rules of relations in the Caspian region and determine the role of the mineral factor in them. The basis for writing the article was a review and comparison of publicly available domestic and foreign literary sources concerning both the question of the right status of the Caspian Sea and the features of subsoil use in the Caspian Sea, as well as a critical analysis of regulations. The sources were sampled taking into account the time period from 2000 to 2020. Among the features of subsoil use in the Caspian Sea were identified and described physical-geographical, primarily climatic, geological, engineering-geological and ecological features. When considering the chronology of the solution of the «Caspian issue», close attention was paid to the characteristics of the Caspian summits and the main events associated with the intensification of subsoil use in the Caspian Sea. In particular, the events related to the laying of oil pipelines by Kazakhstan and Azerbaijan, the participation of large energy companies in the development of fields, the contradictions that have arisen between countries on the basis of subsoil use were considered. In addition, the key provisions of the Convention on the Legal Status of the Caspian Sea adopted in 2018 were considered. The main thing that the retrospective analysis has shown is that the role of the mineral factor in the formation of relations in the Caspian region is enormous. It can be considered one of the main reasons for long, hesitant steps (which took more than 20 years) on the way to solving the issue of the legal status of the Caspian Sea. At the same time, it should be recognized that even the adopted Convention on the legal status of the Caspian Sea has not been able to fully resolve the problem of subsoil use in this region, which gives an impulse to search for new ideas in solving this problem


Author(s):  
KURBANOV RUSHID A. ◽  
◽  
BELYALOVA ASIA M. ◽  

The article analyzes the legal basis for cooperation of the states of the Caspian region - Russia, Azerbaijan, Kazakhstan, Turkmenistan and Iran. With the signing of the Convention on the Legal Status of the Caspian Sea in 2018, the relations between five countries have reached a qualitatively new level. While with the collapse of the Soviet Union centrifugal trends dominated cooperation, especially after the former Soviet republics gained independence, recent years have been characterized by centripetal tendencies, and the COVID-19 crisis has clearly demonstrated that only by joint efforts the countries can confront today's challenges and threats. An important aspect of cooperation among the Caspian littoral states is their membership in various integration groupings, which imposes certain obligations on these states, undoubtedly affecting their interaction in the Caspian region.


Lex Russica ◽  
2019 ◽  
Vol 1 (9) ◽  
pp. 51-62 ◽  
Author(s):  
V. A. Batyr

The article explores the peculiarities of international legal regulation of the special legal status of the Caspian Sea, legal regimes created by the Convention on the Legal Status of the Caspian Sea the adoption of which in 2018 marked the establishment of a system of treaties with regard to the Caspian Sea. The Convention aims to avoid fragmentation of international legal regulation and represents the result of the codification of the most important issues of regional cooperation among the Caspian States. It is noted that the water area of the Caspian Sea is divided into internal waters, territorial waters, fishing zones, common maritime space. The delimitation of the bottom and subsoil of the Caspian Sea into national bottom sectors is carried out by the agreement between adjacent and opposite States in compliance with the modified median line. 17 principles of activity on the Caspian Sea have been established, legitimate activities and corresponding legal regimes in the Caspian Sea have been defined: exploration and exploitation of its bottom and subsoil resources; fishing, use and protection of aquatic biological resources; shipping; marine scientific research; laying of cables and pipelines; protection of the ecological system.


2020 ◽  
pp. 261-269
Author(s):  
Chingiz N. Ismayilov ◽  

The article considers the prerequisites and conditions for the transformation of geopolitical processes in the Caspian region. The analysis of influence of internal and external factors on arrangement of political forces in the region. The article shows the trends in the development of economic and political cooperation between the countries of the region. The research focused on the legal status of the Caspian Sea, the use of hydrocarbon resources and protection of the natural environment. The distinctive features and priorities of the economic development of the countries of the Caspian region are revealed.


Author(s):  
Juraeva Kamola Saifiddinovna ◽  

The article deals with the characteristic features of the Caspian region. The article analyzes the geopolitical understanding of the history of Russia's relations in the Caspian region in the context of the Eurasian geopolitical school. The evolution of the Russian approach to determining the international legal status of the Caspian Sea is determined, and the main mechanisms of Russian diplomacy in the region are studied based on the analysis of dissertation studies of foreign scientists.


2020 ◽  
Vol 26 (10) ◽  
pp. 1080-1091
Author(s):  
B. V. Zembatova ◽  
I. A. Yakovlev

Aim. The presented study aims to substantiate the objective need for legal regulation of interaction between the Caspian states in the development of Caspian resources as a starting point for balanced economic cooperation.Tasks. The authors develop baselines for analyzing the state of economic cooperation between the Caspian Five countries, laws and regulations adopted by the Caspian states to regulate interaction in the Caspian Sea; analyze the impact of the current legal regulator of relations on the possibility, nature, and directions of cooperation between the Caspian states in the investment sphere and key sectors (energy, trade, transport, etc.).Methods. This study uses general scientific methods of cognition in various aspects to substantiate approaches to analyzing the legal framework of Caspian economic cooperation, identify key problems of regulating the rights of the Caspian Five states as owners of the Caspian Sea, and propose major directions for solving these problems.Results. Analysis of laws and regulations governing the interaction between the Caspian Five states in the usage of the Caspian Sea and its resources in the context of the current stage of development of their relations shows the uncertainty of the legal status of the Caspian Sea to be the main reason for economic problems in the cooperation between the Caspian states. The identified problems determine the selection of approaches to the formation of the fundamentals of legal regulation of interaction between the Caspian states and their application to determining the content of such concepts as “the Caspian Sea as an object of law”, “legal status of the Caspian Sea”, and the principles of formation of norms regulating the legal status of the Caspian Sea serving as the main missing elements of the legal framework of cooperation between the Caspian states – the owners of the Caspian Sea and its resources.Conclusions. Establishing the legal status of the Caspian Sea has become one of the main goals and at the same time a major problem of interaction between the Caspian states in the investment sphere, energy, trade, and transport infrastructure since their unification into the five co-owners of the Caspian Sea. This problem has not been resolved to this day.


2019 ◽  
Vol 58 (2) ◽  
pp. 399-413
Author(s):  
Rizal Abdul Kadir

After twenty-two years of negotiations, in Aktau on August 12, 2018, Kazakhstan, Azerbaijan, Iran, Russia, and Turkmenistan signed the Convention on the Legal Status of the Caspian Sea. The preamble of the Convention stipulates, among other things, that the Convention, made up of twenty-four articles, was agreed on by the five states based on principles and norms of the Charter of the United Nations and International Law. The enclosed Caspian Sea is bordered by Iran, Russia, and three states that were established following dissolution of the Soviet Union, namely Azerbaijan, Kazakhstan, and Turkmenistan.


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