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Global Challenges in Black Sea Region and Security Aspects of Economic cooperation . By Dr. Eka Sepashvili. Introduction. Integration and regionalism as modern trends of development Current tendency of world economy development Integration and Globalization Contemporary Regionalism
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Global Challenges in Black Sea Region and Security Aspects of Economic cooperation By Dr. Eka Sepashvili
Introduction Integration and regionalism as modern trends of development • Current tendency of world economy development • Integration and Globalization • Contemporary Regionalism • Integration in Developing world
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
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
New concepts of 21st century • The new concept of security; • The new concept of economic cooperation;
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
Azerbaijan Albania Armenia Bulgaria Georgia Greece Moldova Romania Russia Turkey Ukraine BSEC Countries
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
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;