Cooperation between the United Nations and the Black Sea Economic Cooperation Organization A/RES/71/18 Taking note of the report of the Secretary-General submitted pursuant to resolution 69/13, 2 1. Recalls the Declaration adopted by the Heads of State and Government of the States members of the Black Sea Economic Cooperation Organization on the occasion of the Twentieth Anniversary Summit of the Organization, held in Istanbul, Turkey, on 26 June 2012; 2. Reiterates the conviction that multilateral economic cooperation contributes to enhancing peace, stability and security to the benefit of the wider Black Sea area; 3. Welcomes the commitment of the States members of the Black Sea Economic Cooperation Organization to the implementation of its ec onomic agenda, “Towards an enhanced Black Sea Economic Cooperation Partnership”, endorsed by the Heads of State and Government of the States members of the Organization at its Twentieth Anniversary Summit, in which the member States reiterated their commitment to enhancing the economic mission and the project-oriented vision of the Organization; 4. Values the activities of the Black Sea Economic Cooperation Organization aimed at strengthening regional cooperation in such fields as energy, including renewable energy and energy efficiency, transport, institutional renewal and good governance, trade and economic development, banking and finance, environmental protection, sustainable development and entrepreneurship, communications, agriculture and agro-industry, health care and pharmaceutics, culture, education, youth and sports, tourism, science and technology, exchange of statistical data and economic information, collaboration among customs authorities and combating organized crime and trafficking in drugs, weapons and radioactive material, acts of terrorism and illegal migration and in other related spheres; 5. Welcomes the efforts of the Black Sea Economic Cooperation Organization to elaborate and realize concrete joint regional projects, particularly in the field of transport, which will contribute to the development of Euro -Asian transport links, and recalls, within this framework, the Memorandum of Understanding for the Coordinated Development of the Black Sea Ring Highway, the Memorandum of Understanding on the Development of Motorways of the Sea in the Black Sea Economic Cooperation Organization Region and the Memorandum of Understanding on Facilitation of Road Transport of Goods in the Black Sea Economic Cooperation Organization Region; 6. Appeals for greater cooperation between the Black Sea Economic Cooperation Organization and international financial institutions, and welcomes the contacts between the Organization and the World Bank, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Silk Road Fund and other financial institutions with a view to exploring the possibility of co -financing projects in the wider Black Sea area that are economically prudent and within their respective mandates; 7. Acknowledges the interest of the Black Sea Economic Cooperation Organization in contributing to the implementation of the 2030 Agenda for Sustainable Development, 3 bearing in mind the importance of the regional and _______________ 2 3 2/4 See A/71/160-S/2016/621, sect. II. Resolution 70/1.

Select target paragraph3