Global Challenges in Black Sea Region and Security Aspects of Economic cooperation

1
Global Challenges in Black Sea Region and
Security Aspects of Economic cooperation

• By Dr. Eka Sepashvili

2
Introduction

• Integration and regionalism as modern trends of
  development
• Current tendency of world economy development
• Integration and Globalization
• Contemporary Regionalism
• Integration in Developing world

3
Circumstances in Black Sea Region for Cooperation

• Regional market of 1/3 billion people
• Improving economies
• Strategic position - center of Eurasia
• Energy and mineral resources / routes
• Great nature, culture- tourism paradise
• Technological and scientific base
• Competitive operation costs
• Talented / educated people
• Great scope for business, investments

4
The Sources of Instability in Black Sea Region

• The birth New state Actors in the region
• The imperfect political stability of the
  transitional countries
• Three largest armed forces (Russia, Turkey and
  Ukraine)
• Control over the armed forces
• Naval balances of the Black Sea
• Convention of the Law of the Sea
• Ecological problems
• Inhomogeneous economic systems

5
New concepts of 21st century

• The new concept of security
• The new concept of economic cooperation

6
Solving the problems in Black Sea Region
7
The organization of BSEC as Security Building
Measure in Black Sea Region

• Establishing of the organization of Black Sea
  Economic Cooperation
• 25 June, 1992 in Istanbul 11 countries of Black
  sea region signed "Summit Declaration on Black
  Sea Economic Cooperation.
• Black Sea Economic Cooperation - BSEC Countries

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BSEC Countries

• Azerbaijan
• Albania
• Armenia
• Bulgaria
• Georgia

• Greece
• Moldova
• Romania
• Russia
• Turkey
• Ukraine

9
Obstacles for Security Building

• High security concerns and diversity of national
  security policies.
• Region countries lack a sense of regional
  interest and a common view of external threat.
• The Black Sea basin countries belong to different
  political and security organizations,
• Low degree of commitment to cooperation within
  the organization of BSEC.
• The fear of being dominated by larger
• Lack of implementation mechanisms within the
  organization of
• There is no efficient interface between BSEC and
  other organizations

10
Regional Stability and Security through Economic
Cooperation

• The factors that will stimulate the
  region-building opportunities are
• the effective utilization of the energy sector
• the involvement of the private sector, of the
  private industries in general and the banks
• the growth of the trade relations and the rise in
  the effectiveness of the BSEC
• the involvement of the national political element
  in the regional cooperation governmental,
  parliamentary and of local authorities
• the evolution of the educational and cultural
  relations in the Black Sea region
• the peaceful, friendly and stable bilateral
  relations of the 11 BSEC countries