Azerbaijan & Iran to mull Caspian status

The meeting of two countries' experts is expected to take place after the Ramadan holiday. The Iranian Foreign Ministry waits for the invitation of the Azerbaijani side, which should propose the date of the meeting, Hasanov said.

Azerbaijan was the first Caspian Sea country to begin to set the limits of the world's largest lake and define control over it.

Azerbaijan was the first to announce accessibility to its sector of the Caspian Sea on Sept. 20 in 1994 by signing an international contract ("The Contract of the Century") with Western companies on a PSA model - production sharing agreement. This has also been reflected in the Basic Law of Azerbaijan, dated 1995.

/Trend News/