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The Black Sea Economic Cooperation Organization Business Council was formed in 1992 as an international, non-governmental and non-profit organization to strengthen the improvement of the business environment within Black Sea region. Business Council represents the business communities of member states.
The Parliamentary Assembly of the Black Sea Economic Cooperation (PABSEC) is the inter-parliamentary consultative institution of the BSEC. Armenia is represented in the PABSEC through its delegation of four deputies which are nominated by the National Assembly of Armenia. [6] Since 2021, Babken Tunyan is the Head of Armenia's delegation to the ...
The Black Sea Trade and Development Bank (BSTDB) is an international development finance institution serving the eleven member founding countries of the Black Sea Economic Cooperation, a regional economic organization. It supports economic development and regional cooperation by providing loans, guarantees, and equity for development projects ...
Permanent Mission of Armenia to BSEC emblem. Armenia is a founding member of the BSEC, which was established in June 1992. The Permanent Mission of Armenia to BSEC was founded in August 2001 to further facilitate relations and economic partnership between Armenia, the BSEC, and its members. [3]
Both countries are full members of the Organization of the Black Sea Economic Cooperation, Organization for Security and Co-operation in Europe and the Organisation of Islamic Cooperation (Albania is a member, while Russia is an observer state).
Black Sea Economic Cooperation was formed according to the Istanbul Summit Declaration and the Bosphorus Statement signed on 25 June 1992 by the Heads of State and Government of the countries in the region.
Russia's transport ministry said this week experts had established that about 2,400 metric tons of oil products had spilled into the sea, a smaller spill than initially feared.
The inaugural session of the Black Sea Forum for Partnership and Dialogue (BSF) was held on June 4–6, 2006 in Bucharest.The Forum is a Romanian initiative, initially meant to hold annual presidential-level summits (the venues rotating among participant countries) and thematic or sectoral-cooperation meeting during those annual intervals.