Caspian Economic Forum «12.08.2019 - Awaza»

Since the early 2000s, the five Caspian states of Russia, Kazakhstan, Turkmenistan, Iran and Azerbaijan have been holding high-level meetings in an attempt to solve long-standing problems.

Now, they've decided to take the next step and open a new chapter in Caspian relations.

After a landmark agreement that resolved decades of maritime dispute, the five states surrounding the Caspian Sea are now determined to do business together and attract foreign investment.

The First Caspian Economic Forum

The Convention on the Legal Status of the Caspian Sea, which was signed by the five heads of states in Aktau, Kazakhstan on August 2018 served as a starting point for further regional integration and opened a new chapter of cooperation in the fields of transport, trade, energy and ecology.

The first Caspian Economic Forum marks the first anniversary of that signing.

It is also a call to foreign investors.

       euronews.