( Cihan ) - A summit for the Black Sea Economic Cooperation (BSEC) starts on Monday in Istanbul with the participation of the presidents of the countries from the region.
Russian President Vladimir Putin, Georgian President Mikheil Saakashvili, Serbian President Boris Tadic, Bulgarian President Georgi Parvanov, Moldavian President Vladimir Voronin and the president of Ukraine Victor Yuschenko are attending the meeting.
Turkish President Ahmet Necdet Sezer will have bilateral meetings with the leaders.
Istanbul police took high security precautions both on the premises and along the routes the leaders would use during the summit.
The participants are expected to sign a joint declaration announcing the organization's leading role for increasing economic cooperation in the Black Sea region and in consolidating friendly and neighborly relations.
The BSEC came into existence on June 25th, 1992, as a model of multilateral political and economic initiatives aimed at fostering interaction and harmony amongst member states, as well as to ensure peace, stability and prosperity encouraging friendly and good-neighbourly relations in the Black Sea region.
Turkey, which has taken over the term presidency of the BSEC from Serbia for a period of 6 months as of May 1st, 2007, has decided to give priority to several issues such as the environment, transportation, energy, telecommunication and the suppression of crime during its presidency.