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'2 9!BUSINESS ENVIRONMENT:.. '2 8 BUSINESS ENVIRONMENT:.-@"Tahoma-. 02 FOPPORTUNITIES AND OBSTACLES.. 02 EOPPORTUNITIES AND OBSTACLES.-@"Tahoma-. !2 ]0Costas MasmanidisE.. !2 \/Costas MasmanidisE.--]0]s--\/\r-@"Tahoma-. ?2 f%Black Sea Economic Cooperation (BSEC).. ?2 e%Black Sea Economic Cooperation (BSEC).-@"Tahoma-. 2 q)BUSINESS COUNCIL.. 2 p(BUSINESS COUNCIL.-՜.+,D՜.+,P      On-screen Show D.E.I.K.zG Times New RomanTahomaMonotype SortsSymbol WhirlpoolMicrosoft Clip GalleryBLACK SEA ENERGY CONFERENCE BUCHAREST, 3-5 APRIL, 2006 Black Sea Region BUSINESS ENVIRONMENT: OPPORTUNITIES AND OBSTACLES What is BSEC ?The Black Sea RegionThe BSEC structure 1The BSEC structure 2The essence of our MissionThe essence of our StrategyWhy is greenfield FDI needed? What do Investors want ? 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