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Organization of the Black Sea Economic Cooperation information


"BSEC" redirects here. For other uses, see BSEC (disambiguation).
Organization of the Black Sea Economic Cooperation
Formation25 June 1992
TypeEconomic cooperation organization
HeadquartersIstanbul, Turkey
Location
  • Eastern Europe
    Southeastern Europe
    Western Asia
Membership
13 member countries
  • Organization of the Black Sea Economic Cooperation Albania
  • Organization of the Black Sea Economic Cooperation Armenia
  • Organization of the Black Sea Economic Cooperation Azerbaijan
  • Organization of the Black Sea Economic Cooperation Bulgaria
  • Organization of the Black Sea Economic Cooperation Georgia
  • Organization of the Black Sea Economic Cooperation Greece
  • Organization of the Black Sea Economic Cooperation Moldova
  • Organization of the Black Sea Economic Cooperation North Macedonia
  • Organization of the Black Sea Economic Cooperation Romania
  • Organization of the Black Sea Economic Cooperation Russia
  • Organization of the Black Sea Economic Cooperation Serbia
  • Organization of the Black Sea Economic Cooperation Turkey
  • Organization of the Black Sea Economic Cooperation Ukraine
14 observer countries
  • Organization of the Black Sea Economic Cooperation Austria
  • Organization of the Black Sea Economic Cooperation Belarus
  • Organization of the Black Sea Economic Cooperation Croatia
  • Organization of the Black Sea Economic Cooperation Czech Republic
  • Organization of the Black Sea Economic Cooperation Egypt
  • Organization of the Black Sea Economic Cooperation France
  • Organization of the Black Sea Economic Cooperation Germany
  • Organization of the Black Sea Economic Cooperation Hungary
  • Organization of the Black Sea Economic Cooperation Israel
  • Organization of the Black Sea Economic Cooperation Italy
  • Organization of the Black Sea Economic Cooperation Poland
  • Organization of the Black Sea Economic Cooperation Slovakia
  • Organization of the Black Sea Economic Cooperation Tunisia
  • Organization of the Black Sea Economic Cooperation United States
5 sectoral dialogue partner countries
  • Organization of the Black Sea Economic Cooperation Iran
  • Organization of the Black Sea Economic Cooperation Japan
  • Organization of the Black Sea Economic Cooperation Montenegro
  • Organization of the Black Sea Economic Cooperation Slovenia
  • Organization of the Black Sea Economic Cooperation South Korea
Secretary General
Romania Lazăr Comănescu
Website
www.bsec-organization.org

The Organization of the Black Sea Economic Cooperation (BSEC) is a regional international organization focusing on multilateral political and economic initiatives aimed at fostering cooperation, peace, stability and prosperity in the Black Sea region. It traces its origin to 25 June 1992, when Turkish President Turgut Özal and leaders of ten other countries gathered in Istanbul and signed the Summit Declaration and the "Bosphorus Statement". BSEC Headquarters – the Permanent International Secretariat of the Organization of the Black Sea Economic Cooperation (BSEC PERMIS) – was established in March 1994, also in Istanbul.[1]

With the entry into force of its Charter on 1 May 1999, BSEC acquired international legal identity and was transformed into a full-fledged regional economic organization: Organization of the Black Sea Economic Cooperation. With the accession of Serbia (then Serbia and Montenegro) in April 2004, the Organization’s Member States increased to twelve.[1] North Macedonia's accession in 2020 increased the organization's membership to thirteen.

An important aspect of the activities of BSEC is the development of SME and entrepreneurship in the member countries. Concerning these issues, a series of workshops have been organized in cooperation with Konrad Adenauer Foundation and ERENET.[2]

  1. ^ a b Permanent International Secretariat. "About BSEC". Black Sea Economic Cooperation (BSEC). Archived from the original on 2007-09-28. Retrieved 2009-05-29. With the accession of Serbia and Montenegro in April 2004, the Organization's Member States increased to twelve.
  2. ^ Antal Szabó (ed.), Emerging entrepreneurship and the policy development in the BSEC after the economic crises, Konrad-Adenauer-Stiftung, Ankara 2012, ISBN 978-975-7968-99-3

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