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Books > Law > International law > Public international law > International economic & trade law
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The Legal Status of the Caspian Sea - Current Challenges and Prospects for Future Development (Hardcover, 2nd ed. 2021)
Loot Price: R3,521
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The Legal Status of the Caspian Sea - Current Challenges and Prospects for Future Development (Hardcover, 2nd ed. 2021)
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This book analyzes the legal and economic situation concerning the
removal and allocation of natural resources in the Caspian Sea -
the largest enclosed body of salt water in the world, which not
only constitutes a fragile ecosystem with tremendous fishery
resources, but is also rich in oil and gas deposits. After more
than 20 years of negotiations, the five littoral states signed the
Convention on the Legal Status of the Caspian Sea in August 2018.
This book investigates whether this long-awaited agreement may pave
a way forward for the sustainable and peaceful development of the
Caspian region. The newly introduced regulations on the
delimitation of the boundaries, on the Caspian Sea's natural
resources (especially its fossil fuels) and on the transport of
goods by shipping and submarine pipelines, are of utmost importance
for the successful participation of the Caspian states in global
markets. In addition to a detailed analysis of the Convention, the
book offers an up-to-date and comprehensive overview of the
historical background and current status of issues that are of
critical importance for the region's development and security.
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