On November 29 the Ministry for Economic Development and Trade of Russia will host a presentation of a new project, recently launched by the United Nations Development Program (UNDP) - Black Sea Trade and Investment Promotion Programme.

This program, financed by the Government of Republic of Greece and the Government of Republic of Turkey in partnership with UNDP and the Black Sea Economic Cooperation (BSEC), is aimed at supporting trade and investment flows in member-states of the BSEC: Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Serbia, Turkey and Ukraine.

The Trade and Investment Promotion Programme is unique in offering a complex approach to expansion of the intra-regional trade and investment links by identifying the untapped investment and trade potential in the sub-region. Importantly, private sector organizations are to become essential partners in the Programme implementation.