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Azerbaijan offered presidency in Black Sea-Caspian Sea alliance

12 December 2008 00:41 (UTC+04:00)
Azerbaijan offered presidency in Black Sea-Caspian Sea alliance
Azerbaijan may assume the presidency of the Union of Black Sea and Caspian Confederation of Enterprises (UBCCE). A letter has been sent to the secretary-general of the Union, board chairman of the Union of Azerbaijani and Turkish Businessmen (UATB), Ahmet Erentok, has told journalists.
The organization`s current presidency, held by Turkey, is set to expire in March 2009 and the UATB has requested Azerbaijan assume the presidency in the alliance, while Russia, Greece, Kazakhstan and Austria act as vice-presidents.
The UBCCE currently includes 17 member states. It is the only alliance established by NGOs of the Black Sea and Caspian regions. Presidency and vice-presidency in the organization is held on an annual rotation.
Erentok also noted that the suggestion had been made to rename the alliance the Eurasian Union of Business People, since additional countries from other parts of the world are interested in joining it.
The UATB board chairman added that three more countries would enter the organization in March. In the future, ten other countries, including China, India, Pakistan, Japan, Malaysia, Iraq, Egypt, and others are expected to join.
The mission of UBCCE, which was established in 2006 on the joint initiative of the Turkish Industrialists and Businessmen Association (TUSIAB) and the UATB, is to accelerate economic integration in the region.

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