ArmInfo. On August 12, the first Caspian Economic Forum will take place in the city of Turkmenbashi.
The forum will be held in the Avaza national tourist zone. As ArmInfo was told at the Embassy of Turkmenistan in Armenia, a decision was made to establish an organizing committee for the Forum, headed by the Deputy Chairman of the Cabinet of Ministers of Turkmenistan, Minister of Foreign Affairs of Turkmenistan. t is supposed that a day before the plenary session of the Forum, on August 11, 2019, a meeting of ministers of the competent authorities responsible for the implementation of the Agreement between the Caspian governments on trade and economic cooperation will be organized.
The agenda comprises the coordination of forms of trade and economic cooperation, its expansion, issues of practical implementation of the Agreement In parallel, the ministerial meeting is supposed to organize a conference of business circles of the Caspian littoral states, to prepare and agree on a Memorandum of Understanding on the creation of a Caspian Business Council. According to the plan of the Forum organizers, the conference will consider the implementation of joint investment projects and programs;
There will be an exchange of experience on the creation and development of special, special, free economic zones; cooperation in the digital economy; cooperation between regions and cities of States parties to the Agreement. Issues of creating joint ventures will be discussed, as well as topics related to national legislation, standards, rules and statistical information in the trade and economic sphere.
Delegations of the Caspian states are invited to the Forum, including government members, heads of ministries and departments of the economic bloc of the governments of the Caspian states, heads of diplomatic missions of the Caspian states in the Caspian region, heads of coastal regions and heads of economic blocs of regional executive bodies, business representatives, business leaders, engaged in economic activities or interested in the implementation of economic activity in the Caspian Sea, the representatives of the banking sector, scientists. Delegations of interested states, primarily close to the Caspian region, and international economic and financial organizations are also invited to the Forum. During the Forum, an important place will be given to creating conditions for major projects in the region, a discussion will be held on the role of the economy of the Caspian region in a global context, investment attractiveness in the fields of industry, energy, agriculture, trade, tourism and other industries of the Caspian littoral states of mutual interest .The forum consists of three parts - the International Conference, the Caspian Exhibition of Innovative Technologies and the legal-contractual part.
Recall that the leaders of five countries - Russia, Azerbaijan, Iran, Kazakhstan and Turkmenistan, on August 12, 2018 in Aktau signed a convention on the legal status of the Caspian Sea, which was carried out over 20 years. At the summit, an agreement was signed between the governments of the Caspian littoral states on trade and economic cooperation.According to RIA Novosti, according to the Convention, the main surface area of the Caspian remains in the common use of the parties, and the bottom and the subsoil are divided by neighboring states into areas by agreement between them on the basis of international law. Shipping, fishing, research and construction of trunk pipelines are carried out according to the rules agreed by the parties. When implementing large-scale offshore projects, the environmental factor is mandatory taken into account. The Convention fixes a provision on preventing the presence of extra-regional powers in the Caspian Sea, defines five Caspian states responsible for maintaining maritime security and managing its resources.