Economic Aspects Regarding Romania's Position in the Framework of International Cooperation in the Black Sea

• Main Author: Diana Chiș-Manolache
• Format: Article
• Language: English
• Published: Ovidius University Press 2020-01-01
• Series: Ovidius University Annals: Economic Sciences Series
• Subjects: cooperation; black sea; changes; economic security
• Online Access: https://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2021/03/Section%201/3.pdf
• ISSN: 2393-3127; 2393-3127

Black Sea cooperation has been fundamental on three dimensions: economic, political and military. From a military point of view, have been developed regional initiatives such as SEEBRIG and BLACKSEAFOR, the last one being a naval cooperation body comprising six countries, aiming at mutual knowledge, strengthening trust and security in the Black Sea, actions being focused on humanitarian issues, search and rescue, pollution, etc. The purpose of this paper is to present, in a concise manner, the importance of cooperation between the states that have access to the Black Sea, the European Union, in this context, playing a key role. Romania, an EU member state, is an important player in the Black Sea region, and the issue of economic security in this area cannot be approached or solved without the support of this european organization. As a founding member of the Black Sea Economic Cooperation Organization, Romania supports its objectives (ongoing dialogue with the EU, the Stability Pact, the fight against organized crime, the Transport Action Plan), considering that BSEC has significant potential for developing economic cooperation in the regional level, to promote stability and security, as well as to build a community of interests and values on the Black Sea.