4th Meeting of the OSCE Economic Forum
When
Where
Organized by
- managing the social aspects and political risks of the economic transition process
- building economic confidence in order to promote security
It was acknowledged that the OSCE - owing to its large membership and its comprehensive security concept - is a key institution for co-operation in the European and transatlantic region. It was recognized that the OSCE provides for a strong link between regional economic development and regional security.
During the discussions, a clearer and more practical understanding of the OSCE's role in the economic field emerged. It is commonly understood that the comparative advantage of the OSCE lies in the fact that, in its economic dimension, it deals with economic issues which have a direct bearing on security. The cutting edge of OSCE lies precisely in this multidisciplinary approach.
It was commonly agreed that the OSCE should not duplicate the activities of existing economic organizations in their respective fields of competence but should co-operate closely with them, inviting them to pay special attention to problems which have security implications.