Xenophon Paper 2 pdf - ICBSS

The cooperation has to be strengthened in every important sphere of economy and the
elaboration of new projects has to be stimulated. The cooperation in the fields of transport
and energy is still of particular importance and the initiation and realisation of concrete
projects in the abovementioned fields should be at the top of the BSEC Agenda.
The progressive development of relations with other international organisations and
structures has to be continued and promoted. In this regard particular importance should
be given to the BSEC-EU relations. Already established contacts should be promoted
and developed for the benefit of both organisations and their participating states.
As the BSEC member states have unsolved territorial problems, it is expected that the
Organisation, as an important regional forum, will contribute, within its competency, to
the resolution of the existing conflicts through economic cooperation. A solution to these
conflicts will bring prosperity to the region, contribute to the development of the member
states and rapprochement of the BSEC with the EU and other international organisations.
In the processes of globalisation, the economic dimension acquires great importance
in international relations. The BSEC should elaborate and realise its own policy in order
to better protect the economic and political interests of the member states, expand
exports from the BSEC countries to foreign markets, facilitate the movement of labour
and services to other states and to attract more foreign investments to the BSEC region.
Proper participation of the BSEC in global economic relations and the strengthening of
its international identity will require the creation of more favourable conditions for security
and stability in the Black Sea area. From this point of view, the efforts of the BSEC have
to be directed to the implementation of potential transport and energy projects, the
expansion of trade relations and further attracting foreign investment. Effective utilisation
of energy and transport potential has considerable importance for the development of
the BSEC member states. In order to extend cooperation in the spheres of energy and
transport, it is important to balance the interests of energy producer, transit and consumer
countries.
In order to realise these goals, the BSEC needs to strengthen regional relationships
and cooperation with other international organisations, initiate and realise concrete
projects in the specified spheres of cooperation, and develop new spheres of interaction.
Conclusions
Georgia strongly believes that the approach and actions of the member states with
regard to BSEC issues have to be in full compliance with the main principles and
objectives of the Organisation stipulated in its Charter as well as in the BSEC Economic
Agenda: to act in a spirit of friendship and good neighbourliness and enhance mutual
respect and confidence, dialogue and cooperation among the member states; to achieve
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