Thirty years of the Organization of the Black Sea Economic Cooperation Cover Image

Тридесет година Организације за црноморску економску сарадњу
Thirty years of the Organization of the Black Sea Economic Cooperation

Author(s): Bratislav Đorđević
Subject(s): Politics / Political Sciences, Politics, International relations/trade
Published by: Институт за међународну политику и привреду
Keywords: Organization of the Black Sea Economic Cooperation; regional cooperation; Russia; Ukraine; Turkey; Serbia.

Summary/Abstract: The paper presents the development of the Organization of the Black Sea Economic Cooperation (BSEC) over a period of thirty years, i.e., since its establishment as a regional economic initiative of the countries of the wider Black Sea region. In the meantime, this regional economic initiative has grown into a full-fledged intergovernmental organization that currently consists of thirteen member countries. The Organization of the Black Sea Economic Cooperation territorially covers a very important geostrategic area that represents a natural “bridge” connecting Europe and Asia. In the previous period, the Organization of the Black Sea Economic Cooperation managed to overcome many internal and external challenges. However, currently, the Organization is facing a major test due to the armed conflict between Russia and Ukraine. The mentioned conflict caused certain political turbulence in its functioning, which is why the Jubilee Summit on the occasion of 30 years could not be held, even though it was planned forJune 2022. Such a negative sequence of international events necessarily requires the preservation of the constructive approach that the Organization of the Black Sea Economic Cooperation has practised in previous years by developing economic cooperation among member states to preserve international peace and stability not only in the Black Sea region but also beyond. Since the Republic of Serbia will take overthe six-month presidency of the Organization starting on January 1, 2023, it would be politically expedient to make efforts so that the Organization of the Black Sea Economic Cooperation continues to act in that direction, contributing to solving the current political crisis.

  • Issue Year: 74/2023
  • Issue No: 1187
  • Page Range: 161-176
  • Page Count: 16
  • Language: Serbian