United by understanding the importance of a multifaceted and systemic dialogue on the development of the Caspian region, the five coastal states – Turkmenistan, Azerbaijan, Iran, Kazakhstan and Russia – are again preparing for a meeting already at the Second Caspian Economic Forum to determine further prospects for international cooperation in the Caspian region. The forum is to be held in Moscow in August this year. During two days, various discussion platforms will discuss the development of trade and economic relations among the states of the Caspian region, interaction in the fields of transport, infrastructure, energy and ecology. Cooperation with the Caspian states is one of the main priorities in the foreign policy of the President of Turkmenistan. Turkmenistan backs up important political decisions taken at the highest level with specific mutually beneficial projects that meet high international environmental standards.