The agreement signed in Aktau, Kazakhstan, by the presidents of Russia, Iran, Azerbaijan, Turkmenistan and Kazakhstan, establishes rules for declaring each country's territorial waters and fishing zones.
According to the Russian president, the necessary regulatory base for the settlement of the legal status of the Caspian Sea will be provided by six agreements in the spheres of economy, transport and security, which were also signed on Sunday.
The legal status of the Caspian Sea has remained unresolved for almost 30 years since the collapse of the Soviet Union in 1991.
The Caspian Sea Legal Regime Convention also puts emphasis on sovereignty and sovereign rights of littoral states while recognizing their right to decide on the sea.
Addressing a meeting of the Caspian Sea states' foreign ministers on Saturday night, Zarif said the convention on the sea's legal status would be a very important step, which would put an end to 21 years of negotiations.
Iran has argued it should be called a lake, a description that has wide implications.
Under this binding legislation, any country can access the natural resources in the ocean.
Kavanaugh confirmation hearings set to start on September 4
Burck vetted the initial documents from the Bush Library, the documents were sent only to the Senate Judiciary Committee members. And just because it's an election year, it does not mean that Judge Kavanaugh can not - or should not - be confirmed.
If deemed a sea, the five countries would draw lines extending from their shores to the midway point with littoral neighbors, while classifying it as a lake would mean the resources would be divided equally among those five countries.
At stake are resources including trillions of dollars' worth of hydrocarbons in the seabed, which holds about 50 billion barrels of oil and almost 9 trillion cubic meters of natural gas in proven or probable reserves.
This prize of vast resources has led to past bitter disputes - including the deployment of warships to deter contractors hired by rival companies.
"We need to make full use of the possibilities of the convention and signed documents to stimulate trade and economic relations between the coastal states", Kazakh President Nursultan Nazarabyev was quoted by the Interfax news agency as saying.
That partnership helped England recover from a top-order collapse that saw them slump to 89 for four at lunch on the third day. England outclassed India by an innings and 159 runs to win the second Test at Lord's on Sunday.
The biggest Academy Awards audience on record came in 1998 when the blockbuster " Titanic " was named best picture. In 2009, it expanded the number of best picture nominees from five to 10 in a bid to open up the competition.
Broncos S Jamal Carter (hamstring), CB Marcus Rios (hip) and TE Austin Traylor (right shoulder) got hurt. Thomas caught two touchdowns, including this 78-yard screen pass from quarterback Trevor Siemian.
The 100 came up in just 40 balls, making it the fastest ever CPL T20 century that also contained a record 13 sixes. The rest is history. (2) Trinbago Knight Riders v St Kitts & Nevis Patriots (8pm), Queen's Park Oval.
Wade said there is "no clock" on his decision. "If I play the game of basketball this year it will be in a Miami uniform. But there are other things that come into play that I have to talk about and I'm sure UD has to talk about on his own.
On Friday the currency dropped as much as 18% at one point, the biggest one-day fall since a 2001 financial crisis in Turkey. The dollar eased against the safe haven yen to 110.65, but was a shade firmer against a basket of currencies at 96.388.
Manchester City English Premier League opening weekend featured match in the video below, courtesy of NBC Sports . It seemed the goal might open the floodgates, but Cech was in solid form and kept the score down to just one.
Le lieu, surnommé la "piscine" et popularisé par la série "Le bureau des légendes", est hautement protégé, classé secret-défense. Il a immédiatement été interpellé et remis au commissariat du XIXe arrondissement où il a été placé en garde à vue.
This is also the first year that the trophy will be decided over one game, with the Super Cup previously a two-legged affair. According to the rule governing the game in Spain, only three non-EU players are allowed in each La Liga matchday squad.
Manchester City make Emery suffer in his Premier League debut
City were then nearly gifted a comedic second when Cech's attempted pass to Mustafi rolled past his post and out for a corner. Ederson is expected to replace Claudio Bravo in goal after the Chilean started City's Community Shield win over Chelsea .
Sark preparing to see meteor shower
Rupinder Brar says the annual Perseid meteor shower will be visible Saturday night, early Sunday morning and Sunday night. Others are brighter and can appear to sail across our sky for several seconds, leaving a glowing smoke trail.
Tiger Woods is making weirdest PGA Championship charge
The Kiwi sits in a tie for 28th at four-under through three rounds after carding a two-under round of 68 on Sunday (NZ time). Woodland's 36-hole score broke the PGA record by one shot, most recently set by Jimmy Walker and Robert Streb at Baltusrol.
Unai Emery confirms new Arsenal captain
Manchester City and Arsenal faced off in the final fixture of the opening game week of the new Premier League season as Unai Emery was pitted against Pep Guardiola in his first ever competitive game as Arsenal manager.
Sterling shines on Manchester City return
Going forward, things were made particularly hard for him by the absence of a natural left-back to lend him support. Manchester City kicked off the defence of their title with a classy 2-0 victory over Arsenal on Sunday afternoon.