Why it matters:
The Caspian Sea plays a critical role in regional trade, energy security, and environmental stability. The forum serves as a platform for strengthening economic ties among littoral states while addressing pressing environmental challenges, including the declining water levels of the Caspian Sea.
What he's saying:
Mohammad Reza Aref, Iran's First Vice President, underscored the importance of regional cooperation, stating, "This forum provides a valuable opportunity to enhance economic partnerships. We must expand our cross-border exchanges and capitalize on shared opportunities." He also proposed establishing joint free trade zones and a Caspian Coastal Governors’ Forum to deepen economic integration.
What they're saying:
Russia’s Deputy Prime Minister Alexey Overchuk expressed concern over declining Caspian Sea water levels and emphasized Moscow’s efforts to mitigate environmental risks.
Azerbaijan’s Prime Minister Ali Asadov called for safeguarding the Caspian Sea as a "sea of peace and international cooperation."
Olzhas Abayevich Bektenov, Kazakhstan’s Prime Minister, emphasized the importance of collaborative scientific research to tackle the impacts of climate change in the region.
Tajikistan’s Prime Minister Kokhir Rasulzoda stressed that economic collaboration in the Caspian region is crucial for sustainable growth.
Turkmenistan’s Prime Minister Khodja Murad Geldi Muradov supported investments in infrastructure and energy security.
Key points:
- The forum aimed to enhance trade, investment, and technological cooperation among Caspian nations.
- Iran reiterated its commitment to developing AI-driven sustainable technologies and supporting scientific partnerships in the region.
- Participants expressed concern over the environmental impact of industrialization and climate change on the Caspian ecosystem.
- Proposals included joint economic zones, increased tourism collaboration, and a Caspian-wide environmental protection initiative.
Go deeper:
The final statement of the forum reaffirmed the commitment of all participating countries to expand economic ties, increase investment flows, and conduct scientific research on the environmental challenges facing the Caspian Sea.
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