D-8 and Organization of the Black Sea Economic Cooperation (BSEC) signed a Memorandum of Understanding (MoU) on 18 June 2015 in Chisinau, Moldova to set institutional framework for development cooperation. Dr. Seyed Ali Mohammad Mousavi, Secretary-General of D-8 and Dr. Victor Tvircun, BSEC Secretary-General, signed the MoU on behalf of their respective organizations. Foreign Ministers of the BSEC Member States witnessed the signing. 

 

The MoU aims to promote joint efforts in the area of trade development, provides general framework for development cooperation through carrying out cooperation for the transfer of knowledge and experience gained by the Development Institutions in the area of trade, agriculture, industry, tourism, energy, transportation etc.

On the occasion of signing of the MoU, Secretary-General Mousavi expressed confidence for close partnership with BSEC, and stated that this MoU would provide a general framework to facilitate collaboration and cooperation in promoting and undertaking issues of mutual interest on rural development in member countries. He also gave a highlight of the D-8 Organization in his statement delivered during the Ministerial session. 

The MoU envisages, among others, cooperation in capacity building, technical assistance and project implementation. Both the Organizations will identify areas of mutual cooperation and explore possibilities of partnership in those identified areas. 

Photos of this event can be viewed from the following link: