MOSCOW, September 23 (RIA Novosti) - Russia's Council of Ministers has approved the signing of an international agreement on the conservation and sustainable use of the Caspian Sea's marine biological resources, according to a document published on the council's website Tuesday.
"The agreement is aimed at the conservation and sustainable use of marine biological resources of the Caspian Sea, including the management of shared water biological resources," the document reads.
The agreement, subject to ratification, will create an international legal framework for sturgeon fisheries and managing other aquatic biological resources of the Caspian.
To achieve those goals the parties will create a commission for the conservation and sustainable use of marine resources and their shared management.
The agreement was prepared in accordance with arrangements laid down in a protocol decision taken by the presidents of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan at the third Caspian Summit, held on November 18, 2010, in Baku.