INSUBCONTINENT EXCLUSIVE:
the Caspian-Persian Gulf corridor and create the necessary facilities for the establishment of logistics bases and the exploitation of
activation and development of infrastructure in upgrading corridors and logistics and digitalization of processes, creation of joint
industrial and technology parks, facilitation of financial and banking exchanges based on the successful experiences of members based on the
national currency of the Caspian countries, creation of green customs corridors and joint free zones, according to the successful
experiences of member countries in the field of understanding of long-term bilateral or multilateral cooperation were emphasized in the
states.The two-day event is being held with the aim of presenting solutions to increase the economic and commercial cooperation between the
Caspian Sea littoral states.According to Iran's Trade Promotion Organization (TPO), Akbar Godari, Director General for Central Asia, the
Caucasus, and Russia at the TPO, the key topics include healthcare, energy, finance, tourism, investment in free trade zones, and
covering areas such as trade, industry, and agriculture (Ministry of Industry, Mine, and Trade); economic, customs, banking, and investment
cooperation (Ministry of Economic Affairs and Finance); transportation, transit, and engineering services (Iran's Transport and Urban
Development Ministry); environmental, health, and tourism cooperation (Department of Environment); energy collaboration, including oil, gas,
electricity, and renewables (Ministry of Oil and Ministry of Energy); scientific and technological cooperation (Vice Presidency for Science
and Technology); and discussions among the heads of chambers of commerce (Iran Chamber of Commerce, Industries, Mines, and Agriculture).On
the second day, the prime ministers of the five Caspian littoral states will sign a final declaration outlining measures to strengthen
cooperation and implement agreements through periodic ministerial follow-ups.The first Caspian trade and economic cooperation agreement was
Under Article 5 of the agreement, the Caspian Economic Forum is to be held periodically in each of the coastal nations.The inaugural Caspian
Economic Forum and exhibition took place in August 2019 in Awaza, Turkmenistan, with the participation of prime ministers and trade
During that meeting, it was agreed that Iran would host the third edition in 2024.MA
