Abstract

The present study has analyzed the relationship between geopolitical, geoeconomical, geostrategical and environmental issues in Caspian Region and its effects on the regional and international security by the use of descriptive-theoritical method. Caspian Sea has unique environmental features. Protecting the Caspian Sea is of a vital importance to its coastal states in terms of economic, social, environmental, and national security. It can be said that Caspian Sea is a Sui Generis and this uniqueness requires specific solutions and approaches. Regional and international practices indicate the need for cooperation and joint exploitation of natural resources in a fair way and despite all the restrictions, it is necessary to adopt temporary measures on joint development and utilization of such resources. This study shows that such similar international experiences, using a joint development model is one way to achieve economic, social, political and environmental goals of Caspian Littoral States. It seems that “Joint Authority” model is best suited to the Caspian Sea conditions. The Joint Authority can facilitate sustainable development in the region and promote environmental protection, regional and international peace and security.

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