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Armenia To Assume BSEC Presidency For Six Months

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  • Armenia To Assume BSEC Presidency For Six Months

    ARMENIA TO ASSUME BSEC PRESIDENCY FOR SIX MONTHS

    armradio.am
    25.06.2008 13:50

    Mr. Gegham Gharibjanian, Deputy Minister of Foreign Affairs of
    theRepublic of Armenia gave an interview to "Capital" newspaper and
    "Arminfo" news agency on the occasion of the Black Sea Economic
    Cooperation Organization's Day (BSEC)

    - What do you think is a true value of the BSEC as a regional
    organization and how is it integrated in the world economic relations
    in the view of new global challenges?

    The Black Sea Economic Cooperation, one of the influential and
    representative organizations in the region, was launched in 1992
    as an initiative bearing a specific responsibility for promoting
    multilateral mutually beneficial economic cooperation and securing
    stability and prosperity in the Black Sea region. The BSEC conception
    has been to comprise those who are bound up with the Black Sea and
    have standing political and economic interests even when sometimes
    policies and approaches essentially differ.

    The Organization, that tries to address the most substantive
    challenges of regional economic cooperation and contributes to its
    project-oriented agenda, is also called for developing the common
    principles of regional cooperation as part of the integration process
    in Europe and a higher degree of integration into the world economy.

    I will not be mistaken if say that the BSEC-EU interaction in
    particular after the milestone meeting in Kiev on February 14, is of
    potential importance to the future of a result-oriented cooperation
    in the Black Sea region as it has a greater impact to address the
    real needs of the region.

    The BSEC has become a major instrument in the process of
    intensification of the Black Sea strategies and plays an important
    role in its development and formation of shared values and interests.

    Addressing the challenges which BSEC Member States encounter, and the
    difficulties affecting the multilateral process, the Organization's
    strategy should concentrate on the comparative advantages of regional
    cooperation, the priority sectors, infrastructures and investments
    and the strategic significance of the region in the context of the
    wider European economy.

    - What are the priorities of the BSEC economic agenda?

    >From the very beginning, as it was provided for in the BSEC Chapter,
    the Organization was aimed at fostering cooperation among the
    member-states in the major economic fields - energy, transport,
    agriculture and agro-industry, health care, environmental protection,
    tourism, science and technology, communications, trade, collaboration
    among customs authorities, combating organized crime etc.

    Gradually, along with the mentioned priorities, the new ones, such as
    good governance and institutional renewal, development of small and
    medium entrepreneurship, emergency assistance, combating international
    terrorism and others have emerged in the Black Sea region and found
    their place on the BSEC agenda.

    - What kind of joint programs does the BSEC carry out with other
    international organizations?

    There is a number of international organizations the BSEC collaborates
    to in different formats. With some of them it signed Memoranda of
    Understanding (UN, EU, CIS).

    I would mention just one of the initiatives - Black Sea Trade and
    Investment Program - which is executed by the UNDP. The Program
    is aimed at promoting investment and trade links within the BSEC
    region. It creates the capacity within the Black Sea business support
    institutions to take advantage of intra-regional trade and investment
    expansion opportunity. The beneficiaries of the Program are small
    and medium-sized enterprises and business support organizations of
    the BSEC member states.

    As you know, one of the last presentations of the Program was organized
    in Yerevan on April 3rd this year with the efforts of the Armenian
    Development Agency.

    - As you mentioned, the BSEC is a project-oriented organization. How
    can a member state make use of the BSEC funds for project
    implementation?

    There is a Project Development Fund operating within the framework
    of the BSEC. The Fund, that provides financial support to eligible
    proposals and projects, was established for the purpose of facilitating
    the elaboration and promotion of projects with a focus on regional
    cooperation and major economic development in the BSEC area.

    The Fund operates on the principle of voluntary contributions from the
    BSEC member-states, related bodies, observers and third parties. The
    amount of contribution is 30.000 USD or Euros. Only entities from
    those member-states who made a contribution may have priority to
    benefit from the Fund.

    The Black Sea Trade and Development Bank is another financial
    institution operating within the framework of the BSEC. The Bank is
    established by the BSEC Member States and supports regional economic
    cooperation by providing project financing and supporting public
    and private enterprises in its member countries. In recent years,
    the BSTB invested 2.1 million Euros in the "Beer of Yerevan" CJSC,
    23 million USD in the "RusAl Armenia" CJSC and 3 million USD in the
    ACBA (Credit Agricole Bank Closed Joint Stock Company).

    Due to the efforts of the Government of Greece a new financial
    institution, the Hellenic Development Fund, has been established
    recently. The BSEC has been included in the Official Development
    Assistance Programs of the OECD which allows the Organization promoting
    through the Fund economic cooperation and development projects in
    the region.

    - What challenges are currently being faced by the BSEC as an
    organization for regional economic cooperation?

    The fundamental principles of the BSEC, which is determined to promote
    a lasting and closer cooperation among the states of the Black Sea
    region and to enhance the mutually advantageous economic cooperation,
    are provided for in the BSEC Charter's Preamble and secured in a
    number of provisions of other statutory papers of the Organization
    adopted by the member-states.

    At the meantime, the delegations of some member-states to the BSEC
    Organization have been applying continuous efforts to raise global
    and regional political issues of a sensitive nature including those
    of international conflicts and to include the politically motivated
    formulations in the respective documents.

    This approach is inconsistent with fundamental provisions of
    statutory documents of the BSEC and tends to shift the forum into
    one of deadlocked and time-wasting discussions on unsettled political
    conflicts and, accordingly, could not be acceptable for the most of
    BSEC member-states who feel the fate of the BSEC keenly.

    Besides, referring to the recent letter of the Turkish Foreign Minister
    addressed to the BSEC Ministers of Foreign Affairs, it is to be noted
    that despite the unsettled issues existing in bilateral relations
    between our countries, we share the former's deep concern on new
    interim as well as international challenges addressing durability of
    our organization. Indeed, the organization is wasting its precious
    time also on non-effective and pointless procedural issues, instead
    of fostering the necessary practical measures to maintain reformation
    processes within the organization.

    - What are the main priorities of the Republic of Armenia in the
    BSEC and how do you envisage our country's prospects within the
    organization?

    Armenia is one of the founder-countries of the BSEC. We have the BSEC
    representation in Istanbul.

    There is a representative of the Republic of Armenia in the
    BSEC Permanent International Secretariat who is responsible for
    international economic policy and BSEC-EU cooperation - one of the
    key operational sector of the organization. A representative of the
    Armenian Foreign Ministry is a board-member of a number of the BSEC
    related bodies.

    As for the main priority areas, I would single out the following root
    issues for Armenia within the framework of BSEC cooperation: transport
    and energy, agriculture, science, technology and communications,
    education, environment and tourism, public administration, cooperation
    in emergency assistance and combating crime etc. We have joined
    to almost all agreements signed in these areas, particularly on
    transport and energy cooperation. The Republic of Armenia is currently
    a country-coordinator for energy cooperation.

    Since this coming November our country is assuming the six-month
    Chairmanship in the BSEC. This is a privilege and great
    responsibility. The Armenian Government and public institutions
    involved have already set about the preparation activities and
    proceeding to be thoroughly prepared for duly implementation of their
    duties during the forthcoming Chairmanship-in-Office.

    We, as a BSEC member-state and the next Chairman of the organization,
    are confident that the BSEC is playing a significant role in the
    regional as well as the world economic and social life, so we will
    redouble our efforts to withstand the world global challenges to keep
    this organization alive forever.
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