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Home»NEWS»Cooperation inside “Caspian Five” performs essential function – Russian State Duma chairman
NEWS

Cooperation inside “Caspian Five” performs essential function – Russian State Duma chairman

Mirza ShehnazBy Mirza ShehnazJanuary 30, 2023No Comments2 Mins Read
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BAKU, Azerbaijan, January 30. Russia expects
the convention involving the audio system of the “Caspian Five”
parliaments to happen in every of those international locations, one after
one other, Chairman of Russia’s State Duma Vyacheslav Volodin stated,
talking within the Assembly of Turkmenistan, Trend reviews citing
TASS.

“Given the excessive geopolitical and financial significance of the
Caspian Sea, cooperation throughout the “Caspian Five” (Russia,
Azerbaijan, Kazakhstan, Turkmenistan, Iran) performs an important function
at this time. The institution of the parliamentary dimension of the
“Caspian Five” will contribute to the sensible implementation of
agreements signed by the leaders of the 5 states,” stated the
chairman.

The leaders of the 5 Caspian littoral states, participated in
a summit assembly within the capital of Turkmenistan, Ashgabat on June
29, 2022. The Caspian “five” are Azerbaijan, Iran, Kazakhstan,
Russia and Turkmenistan.

The assembly members rigorously thought of the problems of
financial cooperation within the Caspian Sea. In the sunshine of the
rising geo-economic significance of the basin, there may be an
understanding and a want to persistently develop cooperation in
the transport, logistics, and communication spheres geared toward
turning the Caspian into a serious worldwide hub of
transcontinental partnership alongside the East-West and South-North
strains.

Currently, the Caspian international locations are making efforts to construct
port infrastructure, create logistics chains of communication,
schemes of mutually useful partnership within the power
sector.

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Mirza Shehnaz

Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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