BSEC presidency to be transferred to Bulgaria after Azerbaijan

Baku. 13 December. REPORT.AZ/ The 39th Meeting of the Council of Ministers of Foreign Affairs of the Organization of the Black Sea Economic Cooperation (BSEC) will be held tomorrow in Baku.

Report informs citing the Foreign Ministry of Azerbaijan that the dDelegations led by high-ranking officials from the Organization's member states will attend the meeting.

Azerbaijan's presidency in the Organization of the Black Sea Economic Cooperation will last from 1 July until 31 December of 2018.

Boosting Trade through Connectivity will be the motto of this Chairmanship

The presidency of the BSEC will pass to Bulgaria after Azerbaijan. Among the top priorities of our Chairmanship are the provision of efficient, reliable and secure transport and transit services, increasing export capacity of agriculture and further development of tourism in the BSEC space.

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 Istanbuland 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.

At present, the organization has 12 members: Azerbaijan, Albania, Armenia, Bulgaria, Greece, Georgia, Moldova, Russia, Romania, Serbia, Turkey and Ukraine. Also, 14 states and 4 organizations have observer status in the BSEC.