The BSEC is an intergovernmental international organization uniting the states of the Black Sea and the Southern Balkans in order to promote cooperation, peace, stability and prosperity in the Black Sea region. The agreement of intent was signed on June 25, 1992, and the working start of the organization was given on May 1, 1999. The signing of the "Bosporus Declaration" in Istanbul, preceded by the establishment in March 1994 of the Secretariat,...

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