Iranian authorities say a first privately-owned port facility in the north of the country and on the Caspian Sea is to open after nearly 15 years of planning and construction.
Iran has signed a major contract to build port facilities on the Caspian Sea that would enable terminal operations for roll-on roll-off (RO-RO) ships.
Iran's Navy Commander Rear Admiral Hossein Khanzadi says a massive four-day war game will be held in the Caspian Sea in near future with the purpose of boosting collective security in the region.
Iran's Foreign Ministry spokesman says negotiations among five littoral states of the Caspian Sea on its legal regime are still going on and no final conclusion has been reached on this issue so far.
Azerbaijan, Georgia, Romania and Turkmenistan have agreed on creating an international transport corridor connecting the Black Sea with the Caspian Sea.
President Hassan Rouhani says the Caspian Sea is now a model for guaranteeing peace, stability and friendship.
The presidents of the five states bordering the resource-rich Caspian Sea have signed a historic convention on the sea's legal status after more than two decades of discussions.
Iran says the five Caspian Sea littoral states will adopt a convention on its legal status on Sunday, a deal which has been under discussion for more than two decades.
Foreign Minister of the Islamic Republic of Iran Mohammad Javad Zarif has flown to Kazakhstan to take part in the Fifth Caspian Summit, where the Caspian Sea’s littoral states are to adopt a convention on its “legal status.”
Russia says the five countries, which border the Caspian Sea, are to adopt a convention on its “legal status” at a summit of their presidents in Kazakhstan Sunday.