Black Sea Synergy (EU)

The objectives of the subject “Black Sea Synergy” are the following:

1. To know the Black Sea Synergy program of the European Union
2. To explore the trade relations and the partnership agreements that the European Union has with Moldova and Ukraine

Description: Black Sea Synergy (European Union).

The European Union (EU) encourages the development and regional cooperation in the South-east Europe region through the Black Sea Synergy

1. The Black Sea countries are Armenia, Azerbaijan, Georgia (South Caucasus), Moldova, Russia, Turkey, and Ukraine.
2. Recently has seen the fast international trade development relations between the European Union and the Organisation of the Black Sea Economic Cooperation.
3. Ukraine is a preference partner (European Neighbourhood Policy).
4. The Partnership and Cooperation Agreement (1998) is a framework for the bilateral cooperation between the European Union and Ukraine
5. Negotiations on a deep and exhaustive Free-Trade Area could be started

International Trade EU-Ukraine:

1. The European Union is one of the largest trade partners of Ukraine (33% of the foreign trade)
2. Ukraine was the 17th largest trading partner of the European Union and the fifteenth largest export market.
3. The European Union is the largest trading partner of Ukraine (27% of the total exports and 34% of imports)

Moldova is a partner nation within the European Neighbourhood Policy.

1. The European Union and Moldova intend to set up a Deep and Exhaustive Free-Trade Area

Bilateral trade in products (European Union-Moldova).

1. European Union exported products to Moldova: Euros 1.1 billion
2. European Union imported goods from Moldova: Euros 523 million

The Black Sea Synergy is an inter-civilisational programme (Islamic, European, Orthodox Civilisation).

European Union Trade Agreements: Generalised System of Preferences, EU-Africa Strategic Partnership, Agadir Agreement, Algeria, Ivory Coast, Egypt, Morocco, Tunisia, South Africa, Gulf Cooperation Council, Jordan, Lebanon, ASEAN, Georgia, Moldova, Russia, Turkey, Ukraine, Central America, CARIFORUM, Chile, MERCOSUR, Mexico, Andean Countries, United States, Canada, China, India, South Korea...

Ukrainian Trade Agreements: EFTA, Black Sea Economic Cooperation, GUAM, Central European Initiative...

Economic Corridors:

1. Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey Transport Corridor (Lapis Lazuli)
2. Transport Corridor Europe-Caucasus-Asia (TRACECA)
3. Trans-Caspian Trade and Transit Corridor (Central Corridor)
4. Islamabad-Tehran-Istanbul Rail and Road Corridor (ITI-ECO)
5. International North-South Transport Corridor (India-Russia)
6. Pan-European Corridor II (Russia-Belarus-Poland-Germany)
7. Pan-European Corridor IX (Finland-Russia-Greece)