BSEC meaning in Business ?

Answer:

What is Black Sea Economic Cooperation mean?

The Organization of the Black Sea Economic Cooperation (BSEC) is a regional international organization focusing on multilateral political and economic initiatives aimed at fostering cooperation, peace, stability and prosperity in the Black Sea region. It traces its origin to 25 June 1992, when Turkish President Turgut Özal and leaders of ten other countries gathered in Istanbul and signed the Summit Declaration and the "Bosphorus Statement". BSEC Headquarters – the Permanent International Secretariat of the Organization of the Black Sea Economic Cooperation (BSEC PERMIS) – was established in March 1994, also in Istanbul.

With the entry into force of its Charter on 1 May 1999, BSEC acquired international legal identity and was transformed into a full-fledged regional economic organization: Organization of the Black Sea Economic Cooperation. With the accession of Serbia (then Serbia and Montenegro) in April 2004, the Organization’s Member States increased to twelve. North Macedonia's accession in 2020 increased the organization's membership to thirteen.

An important aspect of the activities of BSEC is the development of SME and entrepreneurship in the member countries. Concerning these issues, a series of workshops have been organized in cooperation with Konrad Adenauer Foundation and ERENET.

reference

Full Form	Category
Black Sea Economics Cooperation	Academic & Science
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Bangladesh Steel Engineering Corporation	Academic & Science
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Black Sea Economic Cooperation	Business
Bangladesh Steel and Engineering Corporation	Business
Belfast Software Engineering Centre	Business
Bihar State of Export Corporation	Business
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Building Schools Exhibition and Conference	Community
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Brooklyn Society for Ethical Culture	Community
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BHIVE Startup and Entrepreneur Community	Community
BHIVE Startup Entrepreneur Community	Community
Biomedical Sciences Engineering and Computing	Computing
Building Supervisors for Emergency Conditions	General
Bangladesh Securities and Exchange Commission	General
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Bio System Energy Collector	Governmental
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Birmingham South East Consortium	Medical
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