ARMENIA TAKES OVER BSEC CHAIRMANSHIP

ARKA
Oct 24, 2008

YEREVAN, October 24. /ARKA/. Armenia has assumed chairmanship of
Black Sea Economic Cooperation Organization.

At the BSEC foreign-ministerial meeting held Wednesday, Albanian
Foreign Minister Lulzim Basha handed over the chairmanship to his
Armenian counterpart Edward Nalbandyan.

Armenia will chair the organization until April 2009.

Prospects for economic cooperation development were outlined at
the meeting.

In his speech, the Armenian foreign minister said that despite the
reached success, the BSEC needs reforms for enhancing its activity
effectiveness.

He said that all BSEC member countries’ joint efforts are needed
for that.

Nalbandyan presented the top-priority focuses of Armenia’s
chairmanship.

Development of cooperation between BSEC and international
organizations, promotion of economic cooperation, development
of transport and communication infrastructures and environmental
cooperation were among them.