Black Sea Economic Cooperation

EENI- School of International Business

Subject: The Black Sea Economic Cooperation (BSEC) - Europe. Syllabus:

  1. Introduction to the Organisation of the Black Sea Economic Cooperation (BSEC)
  2. Areas of cooperation of the BSEC:
    1. International Trade
    2. Customs
    3. Transport
  3. The Black Sea Trade and Development Bank

The purposes of the subject “The Organisation of the Black Sea Economic Cooperation (BSEC)” are the following:

  1. To understand the aims and functions of the Organisation of the Black Sea Economic Cooperation
  2. To analyse the areas of cooperation of the BSEC
  3. To evaluate the role of the Black Sea Trade and Development Bank
The subject “The Organisation of the Black Sea Economic Cooperation (BSEC)” is studied...
  1. Masters: International Business, Muslims Countries, European Union, America, BRICS Countries, Emerging Markets, Pacific, Economic Relations
  2. Doctorate (Distance learning): Islamic Countries, Europe
  3. Course: CEFTA Countries, Eastern Europe

Languages of study English or Spanish BSEC

Credits of the subject “The Organisation of the Black Sea Economic Cooperation”: 0.2 ECTS Credits

Sample of the subject - The Organisation of the Black Sea Economic Cooperation (BSEC):
Black Sea Economic Cooperation (BSEC)

Description of the Subject: The Organisation of the Black Sea Economic Cooperation (BSEC)

In 1992, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine created the Black Sea Economic Cooperation.

In 1999, the Organisation of the Black Sea Economic Cooperation was transformed into a regional economic institution: The Organisation of the Black Sea Economic Cooperation.

  1. In 2003, Serbia became a member of the Organisation of the Black Sea Economic Cooperation
  2. The Organisation of the Black Sea Economic Cooperation Region has 350 millions of people with an international trade capacity of USD 300 billion every year
  3. After the Persian Gulf region, the Organisation of the Black Sea Economic Cooperation Region is the second biggest source of petrol and natural gas
  4. The Organisation of the Black Sea Economic Cooperation region is a major transport and energy corridor in Europe
  5. The Organisation of the Black Sea Economic Cooperation (BSEC) is an organisation that has both Muslim countries as Orthodoxy Christian

The Black Sea Trade and Development Bank is an international financial institution formed by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine.

  1. The goal of the Black Sea International Trade and Development Bank is to speed up the regional development and promote the cooperation between the Member States

The Members states of the Organisation of the Black Sea Economic Cooperation are Albania, Armenia, Azerbaijan, Bulgaria, Georgia, the Hellenic Republic, Moldova, Romania, the Russian Federation, Serbia, Turkey, and Ukraine

The Observer countries are Austria, Belarus, Croatia, the Czech Republic, Egypt, France, Germany, Israel, Italy, Poland, Slovakia, Tunisia, and the United States

Black Sea Synergy



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