Caspian Sea another option. Caspian Sea The Caspian Sea is the world's largest inland body of water, variously classed as the world's largest lake or a full-fledged sea. It is an Endorheic basin (a basin without outflows) located between Europe and Asia, to the east of the Caucasus Mountains and to the west of the broad steppe of Central Asia. It is bounded by Kazakhstan to the northeast, Russia to the northwest, Azerbaijan to the west, Iran to the south, and Turkmenistan to the southeast. The Caspian Sea is home to a wide range of species and may be best known for
Caspian Sea the key problem. Access to mineral resources (oil and natural gas), access for fishing, and access to international waters (through Russia's Volga river and the canals connecting it to the Black Sea and Baltic Sea) all depend upon the outcomes of negotiations. Access to the Volga River is particularly important for the landlocked states of Azerbaijan, Kazakhstan, and Turkmenistan. This concerns Russia, because the potential traffic would use its inland waterways. If a body of water is labelled as a sea, then there would be some precedents and international treaties obliging the granting of access permits to foreign vessels. If