Azernews.Az

By Nazrin Gadimova

Azerbaijan's Foreign Minister Elmar Mammadyarov met Secretary General of the Organization of the Black Sea Economic Cooperation (BSEC) Victor Tvircun to discuss the current state of and prospects for the cooperation.

Addressing the February 18 meeting, Tvircun spoke about the issues which are on the agenda of the BSEC, and thanked the Azerbaijani side for supporting the organization.

Mammadyarov, in turn, highlighted projects carried out by Azerbaijan in the region, including Trans Eurasian Information Super Highway (TASIM). The minister also briefed Tvircun on the activity of the Azerbaijan International Development Agency (AIDA), as well as its projects.

BSEC is an intergovernmental organization, currently consisting of 12 states: Azerbaijan, Albania, Bulgaria, Armenia, Greece, Georgia, Moldova, Russia, Romania, Serbia, Turkey and Ukraine.

In June 1992, the heads of state and government of eleven countries signed in Istanbul the Summit Declaration and the Bosporus Statement, giving birth to the Black Sea Economic Cooperation (BSEC). It came into existence as a model of multilateral political and economic initiative aimed at fostering interaction and harmony among the member states, as well as to ensure peace, stability and prosperity encouraging friendly relations in the Black Sea region.

An important aspect of BSEC's activities is the development of small and medium enterprise and entrepreneurship in the member countries.