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Who really owns the Caspian Sea?

Five countries border the Caspian Sea, but none owns a fixed share. A 2018 convention established rules for navigation, security and fishing while leaving some seabed borders unresolved.

Who really owns the Caspian Sea?

Five countries border the Caspian Sea, but none owns a fixed share. A 2018 convention established rules for navigation, security and fishing while leaving some seabed borders unresolved.

  • 2018 Convention divides sea into territorial waters, fishing zones, but not equal shares.
  • Offshore oil and gas rights depend on bilateral seabed delimitation agreements.

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