The NATO Role in Promotion of Geoeconomic Security at Regional Level – The Black Sea Region Case-Study

Abstract

       Having considered current changes in the system of contemporary international security where geopolitical indicators have shifted in favour to geoeconomic ones, factor of geoeconomic security and geoeconomic phenomenon as such increased steadily. Namely the geoeconomic security became omnipotent for such state as is Georgia which is under occupation from by the Russian Federation and the occupation is hampering process of fully realization of Georgia’s national interests at any level. Mainly due to the fact that Georgia is striving to achieve NATO membership and Russia considers the one as violation of its so-called “vital zone of influence”. The Russo-NATO confrontation area has already become the Black Sea Area. Even the NATO declared the area as geostartegically and geoeconomically vital space and even introduced special jargon “the Black Sea Security Dimension”. One of the aspects of the dimension consisted of geoeconomic security as the NATO seeks to achieve its strategic interests in aegis of the zone not only by political-military means but also political, economic and diplomatic means.