Iranian First Vice President in the First Caspian Economic Forum in Turkmenistan stressed on the establishment of the Caspian Sea monitoring office.

Iran Press/Asia: First Vice President of Iran, Eshaq Jahangiri in the Caspian Economic Forum in Turkmenistan stressed the need to accelerate the establishment of the Caspian Sea monitoring office by the Caspian states.

According to the First Vice presidential website, Jahangiri said that "The Caspian Sea has rich energy resources, but countries in the region must consider environmental issues in their exploitation of energy resources".

Jahangiri added: "All development projects in the Caspian Sea must be environmentally considered and all environmental issues must be met".

He added: "Caspian coastal states should have collective oversight of development projects in the Caspian Sea so that this precious sea is protected from environmental damage."

Foreigners Presence in the Persian Gulf cause of tensions and instability

Iranian First Vice President Eshaq Jahangiri described stability and security of international waterways, northern and southern coasts and the Strait of Hormuz as Iran’s red line.

Addressing the Caspian Economic Forum in Turkmenistan, Jahangiri said by withdrawing from Iran nuclear deal which is a great achievement for the world diplomacy, the US administration showed that it is not committed to international agreements, IRNA reported

Even though the threadbare Iranophobia policy of the United States has been failed due to Iran’s constructive role in regional developments and in fighting terrorism, but creating insecurity for selling a security is still a US’ deceiving strategy, he noted.

Appreciating Turkmenistan's government and people for hosting the event, Jahangiri described the forum as an opportunity for maintaining negotiations and paving the way for developing ties between participants.

He noted that the August 12 reminds significant development for the Caspian Sea Littoral States.

He urged all participants to prioritize developing economic and commercial cooperation through establishing effective relations between the private and governmental sectors.

Eshaq Jahangiri arrived in Turkmenistan on Monday to partake in the Caspian Economic Forum.

At the same time with the Caspian Sea Day and the anniversary of signing Legal Status of the Caspian Sea, the Caspian Sea Forum is to review various topics in Caspian Innovative Technologies Exhibition.

An exhibition on the trade capacities of the Caspian Sea littoral states will also be held on the sidelines of the Forum.

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