Aug 12, 2018, 3:23 PM
News Code: 82998826
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Iran's Rouhani hails multilateralism in Caspian Sea region

Tehran, Aug 12, IRNA – Iran's President Hassan Rouhani hailed the five Caspian Sea littoral countries pursuing multilateralism and rejecting unilateralism for enhancement of trade and economic relations with each other.

Addressing the Caspian Sea summit in Kazakhstan on Sunday, President Rouhani said, 'It is admirable that the littoral states of the Caspian Sea are emphasizing multilateralism and rejecting unilateralism, which is being pursued by some countries, are determined to boost their economic and trade relations.'

The countries are also emphasizing the nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), as an invaluable deal for promotion of regional cooperation and relations, he said.

'In this convention, important principles such as emphasis on the prohibition of the presence of foreign armed forces and monopoly of any kind of navigation merely with the flags of the five littoral states, the prohibition of allowing foreigners to use the territories of the littoral states for acts of aggression against another littoral state have been mentioned,' the Iranian President said.

Noting that important issues remain unresolved in the Caspian Sea, President Rouhani said, 'The confines of the seabed have not been determined and this will be done in an agreement by the parties later.'

Iran, Azerbaijan, Russia, Kazakhstan and Turkmenistan are the five Caspian Sea countries.

The Caspian Sea summit is underway in Kazakhstan's portal city Aktau.

'Therefore, negotiations for the final agreement on defining limits and determining the methods of drawing baselines must continue until we reach an agreement and constructive interaction among the five negotiating countries to be able to draft separate agreements in these fields in the future,' he said.

Referring to the necessity of a regular mechanism to monitor the implementation of the convention, he said, 'Such an arrangement would be an appropriate opportunity for the development of cooperation in all fields, especially in economic areas, as well as the organization of regular economic conferences.'

'Therefore, it is imperative that Caspian Sea littoral states are committed for continuous monitoring of the good implementation of the Convention of the Caspian Sea Legal Regime as well as other multilateral agreements based on the mechanisms specified in these documents,' President Rouhani said.

Rouhani also noted, 'Caspian Sea belongs to all its littoral states and any kind of formation and handing over military bases to foreign countries and the passage of warships and even transit of foreign military shipments belonging to a country other than Caspian Sea littoral states is forbidden.'

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