BSTDB was established by the eleven Member States of the Organization of the Black Sea Economic Co-operation (BSEC) in 1998 as a regional multilateral development financial institution.
- BSEC is a regional economic organization established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. BSEC aims at attaining a sustained growth of the national economies and the social well-being of the peoples of the Member States.
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PABSEC - Parliamentary Assembly of the Black Sea Economic Cooperation is a component of the BSEC structure giving to it constant support on a consultative basis. It adds a pluralistic, meaningful dimension to the BSEC framework by providing legislative support in order to activate the relevant resolutions taken by the Council of Ministers.
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BSEC Business Council is a center for interaction in between business circles from the BSEC Member States that helps to incubate joint ventures and other business-oriented initiatives targeting the acceleration of transition and privatization by constant interaction between public and private sectors.
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ICBSS - International Center for Black Sea Studies is the first multilateral scientific venture in the region to investigate beyond national boundaries economic issues, solutions and prospects extending BSEC-wide. By regular interaction with comparable institutions, it aims to be instrumental in creating a more comprehensive understanding of the region and BSEC on the international stage.
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