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The Black Sea Economic Cooperation (BSEC) is the newest and perhaps the most exciting regional cooperation project of the developing European architecture. The strategic location of the BSEC region provides a unique base for businessmen seeking access not only to the Black Sea rim, but also to the Caspian Sea, Central Asia and the Middle East.

Furthermore, the region constitutes a market of more than 300 million consumers and is one of the most promising growth areas of the world. With its rich natural resources, developed industrial base and skilled labour- force, the BSEC region offers a broad range of opportunities to the international community.

The BSEC region has huge economic potential with a comprehensive portfolio of attractive projects in the fields of energy, transport, telecommunication, industrial development, agro-industry, environment, tourism which are about to be implemented or in the advanced planning stage.

The attraction of Foreign Direct Investment (FDI) is of paramount importance to the countries of the Black Sea Region. It is for this reason that Investment Promotion has become the flagship of the strategy of the BSEC Business Council.

The benefits arising from FDI are the obvious ones stemming from the influx of capital and creation of new jobs. However, of equal if not greater importance, especially for the Transition Economies of our Region, are the linkages and the other spill-over effects they can generate.
(to read more about this new article please click here.)


The Black Sea Business Information Network (BSBIN), is an Internet-based instrument that the BSEC Business Council introduced to help the SMEs in the 11 BSEC member countries identify potential partners from other countries by uploading their business proposals and searching in a database. The Internet address of this system is http://www.bsbin.com/


Welcome to the BSEC Business Council web-site,
which has been recently revived and relaunched. The site will be undergoing constant updating, revision and editing to keep informing the visitors on projects and events, and reflect latest developments in the Member Countries.

We hope that the documents and materials placed on our site will serve as a reliable source of information about
BSEC Business Council and Member Countries. We have also provided links to a number of useful web-sites.

Thank you for visiting BSEC Business Council web-site...


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