OBSECOrganization of Black Sea Economic Cooperation
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Secondly, economic cooperation within the OBSEC is not an integration process.
Some OBSEC members are NATO countries, which means Russia will certainly not allow political issues to be resolved within the format of the Organization.
As an organization, the OBSEC does not interfere into any of the conflicts, and only attempts by individual member-states rarely take place.
Unlike the OBSEC, GUAM was established as a framework for solving the problems of regional security along with developing economic cooperation in the Black Sea/Caspian region.
The goal of the conference was to study perspectives of cooperation of Japan and OBSEC. Officials from Japan, ambassadors
of OBSEC member-states, specialists of foreign ministries, experts and businessmen attended the event.