Organization of the Black Sea Economic Cooperation-20 Years of a Successful Regional Cooperation
By Engin Sabanci
Published: May 2, 2013.
Countries in the Black Sea Basin established BSEC seeking a region-wide solution to their common problems with a sense of political and economic belonging to the Black Sea. Member states joined the cooperation without considering settling their problems and demands in a satisfying manner. They were quite pleased with the idea to balance their interests instead of settling their security concerns.