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Parliamentary Assembly of the Black Sea Economic Cooperation |
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GLOBALIZATION
Globalization, bringing both opportunities and challenges to all countries and peoples, was another important topic on the Assembly’s agenda (rec.60/2002) The common intention of the countries to diversify and develop the existing economic relations towards globalization opens up opportunity to efficiently use advantages arising from the geographical proximity and mutual interests, as well as traditional ties and complementary nature of the economies. The challenge is to come together to turn globalization into a more effective and consolidated process with equal participation of the countries, developed and developing alike, in managing the posed problems and realizing its immense benefits.
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Welcome to PABSEC Established on 26th February 1993 as a parliamentary dimension of the Black Sea Economic Cooperation (BSEC), the PABSEC has proved to be an effective forum for inter-parliamentary dialogue in the Black Sea region. With a membership of 76 parliamentarians representing the national parliaments of the twelve BSEC Member States, the PABSEC facilitates the mobilization of efforts by the national parliaments aimed at promoting democratic values, the rule of law, pluralistic society and market economy.
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