By empty (9/24/2002 issue of the CACI Analyst)
In Moscow on Monday, Russian and Azerbaijani Presidents Vladimir Putin and Heydar Aliyev signed an agreement on the division of contiguous sectors of the Caspian Sea. The document stipulates that the two countries will divide the Caspian seabed and its resources "based on a median line drawn at an equal distance [from the coasts] and modified at the parties' agreement and taking into account commonly recognized international legal standards and the practice established in the Caspian." Russia previously signed a similar document with Kazakhstan.