The Convention is an international treaty
that regulates the rights and obligations
of the parties in relation to the Caspian Sea and
its resources, and also establishes various regimes for the sea, territorial waters, fishing zones, seabed and subsoil, airspace and security.
The Convention also prohibits the presence in
the Caspian of armed forces not belonging to
the parties to the treaty. The legal force of the
Convention depends on its ratification by all five
Caspian states, which are responsible for the timely and full implementation of their obligations under the treaty. The Convention will come
into force on the date of receipt by the depositary
of the Convention (the Republic of Kazakhstan)
of the fifth instrument of ratification.