Trade policy development in the Black Sea Region
- Publisher: ROSTranse Trade F Z C
International Journal of Innovative Technologies in Economy
BLACK SEA ECONOMIC COOPERATION,REGIONAL FORUM,TRADE FACILITATION,FREE TRADE AREA,INVESTMENT COOPERATION
The article focuses on analyzing the current status and perspectives of the development of common trade policy mechanisms among Black Sea Region countries within the Black Sea Economic Cooperation. This research points the trends in trade flows among BSEC members, discusses the profound alterations in regional economic cooperation and global trade policy agenda that necessitate the reformation of the BSEC. It is argued that Black Sea Region countries should develop new BSEC agenda on trade issues, which will embrace the creation of information exchange mechanism, joint research body and trade facilitation.