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Caspian Sea: Five countries sign deal to end dispute
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- Local ecosystems are under threat and activities like fishing, transportation, tourism and also oil extraction are already impacted.
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The sea’s disappearance has transformed the economy and lifestyle of this fishing town, located 70 km west of the regional capital Atyrau. Sometimes I fish, but most of the time, I drive a taxi. The older generation still goes out to sea out of nostalgia, but the younger ones rarely do, due to the lack of fish.
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This is where the two major rivers, the Volga and the Ural, flow into the sea. Local ecosystems are under threat and activities like fishing, transportation, tourism and also oil extraction are already impacted. It’s estimated there are 50 billion barrels of oil and nearly 300 trillion cubic feet (8.4 trillion cubic metres) of natural gas beneath its seabed. Iranian social media users have accused the government in Tehran of “selling off” the Caspian Sea on Incaspin Sunday. The surface water will be in common usage, meaning freedom of access for all littoral states beyond territorial waters. If it was treated as a sea, then it would be covered by international maritime law, namely the United Nations Law of the Sea, external.
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