Caspian Sea 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 its caviar
Convention on the legal status of the Caspian Sea Convention on the legal status of the Caspian Sea The Convention on the legal status of the Caspian Sea is a treaty signed at the Fifth Caspian Summit in Aktau, Kazakhstan, on 12 August 2018 by the presidents of Russia, Kazakhstan, Azerbaijan, Iran and Turkmenistan. The dispute began after the dissolution of the Soviet Union in 1991, as the Soviet Union (and subsequently Russia) and Iran were respecting mutual 1921 and 1940 treaties. However, according to Azerbaijan, Kazakhstan and Turkmenistan, these treaties did not address the exploitation of the seabed, thus a new UNCLOS treaty is necessary. Due to the