Black Sea Trade and Development Bank

Black Sea Trade and Development Bank

Infobox Organization
name = Black Sea Trade and Development Bank


type = Economic cooperation organization
headquarters = Thessaloniki, Greece
membership_type = Member states
membership = Collapsible list |title=12 |flagicon|Albania|size=15px Albania |flagicon|Armenia|size=15px Armenia |flagicon|Azerbaijan|size=15px Azerbaijan |flagicon|Bulgaria|size=15px Bulgaria |flagicon|Georgia|size=15px Georgia |flagicon|Greece|size=15px Greece |flagicon|Moldova|size=15px Moldova |flagicon|Romania|size=15px Romania |flagicon|Russia|size=15px Russia |flagicon|Serbia|size=15px Serbia |flagicon|Turkey|size=15px Turkey |flagicon|Ukraine|size=15px Ukraine
leader_title = Secretary General
leader_name =
formation = 24 January 1997 [http://www.bstdb.gr/keyfacts.htm]
website =
http://www.bstdb.org/

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution that supports economic development and regional cooperation by providing trade and project financing, guarantees, and equity for development projects supporting both public and private enterprises in its member countries. Objectives of the bank include promoting regional trade links, cross country projects, foreign direct investment, supporting activities that contribute to sustainable development, with an emphasis on the generation of employment in the member countries, ensuring that each operation is economically and financially sound and contributes to the development of a market orientation. [http://www.eastagri.org/member_detail.asp?id=11] The organization has an authorized capital of $1.325 billion. [http://www.bstdb.gr/bank.htm]

The BSTDB is also related to the Organization of the Black Sea Economic Cooperation, a regional economic organization.

BSTDB is governed by the Agreement Establishing Black Sea Trade and Development Bank, a United Nations registered treaty. The organization was established January 24 1997. [http://www.bstdb.gr/keyfacts.htm]

Unlike the International Monetary Fund and others, the BSTDB does not attach policy conditions by which debtor states can be controlled. [http://www.balkanalysis.com/2002/07/29/analysis-black-sea-trade-and-development-bank-i/]

Moody's Investors Service gives the organization a positive 'Baa1' credit rating. [http://www.forbes.com/markets/feeds/afx/2007/12/12/afx4429562.html]

Member states

*Albania
*Armenia
*Azerbaijan
*Bulgaria
*Georgia
*Greece
*Moldova
*Romania
*Russia
*Turkey
*Ukraine

See also

* Stability Pact for Southeastern Europe (SP for SEE)
* Southeast European Cooperation Process (SEECP)
* Central European Free Trade Agreement (CEFTA)
* Central European Initiative (CEI)
* Southeast European Cooperative Initiative (SECI)
* Black Sea Forum (BSF)
* Organization of the Black Sea Economic Cooperation (BSEC)

References

External links

* [http://bstdb.com Official BSTDB site]


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Organization of the Black Sea Economic Cooperation — BSEC redirects here. For other uses, see BSEC (disambiguation). Organization of the Black Sea Economic Cooperation Formation 4 June 1992 Type Economic cooperation organization …   Wikipedia

  • Multilateral development bank — A multilateral development bank (MDB) is an institution, created by a group of countries, that provides financing and professional advising for the purpose of development. MDBs have large memberships including both developed donor countries and… …   Wikipedia

  • TRADE AND COMMERCE — In the Bible The geopolitical location of Palestine, set as it is in the heart of the Fertile Crescent, made it a pivotal link in the commercial activities carried on by land and sea between, on the one hand, Egypt and the Arabian Peninsula in… …   Encyclopedia of Judaism

  • Multinational and Regional Organizations — ▪ 2009       In mid November 2008, leaders of the Group of 20 (G 20) major advanced and emerging economies met in Washington, D.C., to discuss the growing global financial crisis. At this summit and at a meeting of G 20 finance ministers held a… …   Universalium

  • Bank of England — Bank of England …   Wikipedia

  • Bank — For other uses, see Bank (disambiguation). Banker and Bankers redirect here. For other uses, see Banker (disambiguation). Banking …   Wikipedia

  • Law, Crime, and Law Enforcement — ▪ 2006 Introduction Trials of former heads of state, U.S. Supreme Court rulings on eminent domain and the death penalty, and high profile cases against former executives of large corporations were leading legal and criminal issues in 2005.… …   Universalium

  • International Organizations and Groups — Note: The Socialist Federal Republic of Yugoslavia (SFRY) has dissolved and ceases to exist. None of the successor states of the former Yugoslavia, including Serbia and Montenegro, have been permitted to participate solely on the basis of the… …   Universalium

  • List of intergovernmental organizations — The following is a list of intergovernmental organizations.United Nations and agenciesThe UN has five main bodies: *The General Assembly (the main deliberative assembly); *The Security Council (decides certain resolutions for peace and security); …   Wikipedia

  • Abbreviations for International Organizations and Groups — Note: Not all international organizations and groups have abbreviations. A ABEDA Arab Bank for Economic Development in Africa ACC Arab Cooperation Council ACCT Agence de Cooperation Culturelle et Technique; see Agency for Cultural and Technical… …   Universalium

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”