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Organization of the Black Sea Economic Cooperation

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Organization of the Black Sea Economic Cooperation

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About Organization of the Black Sea Economic Cooperation

The Organization of the Black Sea Economic Cooperation (BSEC) is a regional international organization focusing on multilateral political and economic initiatives aimed at fostering cooperation, peace, stability and prosperity in the Black Sea region. It traces its origin to 25 June 1992, when Turkish President Turgut Özal and leaders of ten other countries gathered in Istanbul and signed the Summit Declaration and the "Bosphorus Statement". BSEC Headquarters – the Permanent International Secretariat of the Organization of the Black Sea Economic Cooperation – was established in March 1994, also in Istanbul.

Facts from Wikidata (CC0). Image by Organization of the Black Sea Economic Cooperation via Wikimedia Commons (Public domain).

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Headquarters: Istanbul
Inception: June 4, 1992
Website: https://www.bsec-organization.org/

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