Panagiota Manoli
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The Black Sea Economic Cooperation
What contribution to regional security?

The architects of the Black Sea Economic Cooperation (BSEC) identified economic development as the main pillar of regional security and promoted three objectives: cooperation rather than conflict, regionalism as a step towards global integration, and avoidance of new divisions in Europe. Declarations and treaties adopted by the BSEC during its ten years of existence are important tools in identifying and assessing mechanisms for dealing with security issues within the BSEC framework. In 1996, the Assembly of the Western European Union (WEU) issued a call for security to be incorporated into the existing subregional cooperation structures, including the BSEC. The internal weakness of most BSEC countries in transition and their vulnerability to outside pressures, as well as their inadequate or absent integration into new security frameworks, have intensified the overall climate of regional insecurity.

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