Baku Initiative
Encyclopedia
The Baku Initiative is an international initiative of the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...

. It is a policy dialogue on energy and transport cooperation between the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...

 and the littoral states of the Black Sea
Black Sea
The Black Sea is bounded by Europe, Anatolia and the Caucasus and is ultimately connected to the Atlantic Ocean via the Mediterranean and the Aegean seas and various straits. The Bosphorus strait connects it to the Sea of Marmara, and the strait of the Dardanelles connects that sea to the Aegean...

, Caspian Sea
Caspian Sea
The Caspian Sea is the largest enclosed body of water on Earth by area, variously classed as the world's largest lake or a full-fledged sea. The sea has a surface area of and a volume of...

 and their neighbours, undertaken as part of the INOGATE
INOGATE
INOGATE is an international energy co-operation programme between the European Union , Turkey and countries of the NIS, with the exceptions of the Baltic States and the Russian Federation. Formally it describes itself as supporting "international cooperation between the European Union, the...

 energy and TRACECA
TRACECA
TRACECA is an international transport programme involving the European Union and 14 member States of the Eastern European, Caucasian and Central Asian region. It has a permanent Secretariat, originally financed by the European Commission, in Baku, Azerbaijan, and a regional office in Odessa,...

 transport programmes.

History

The Baku Initiative is originating from the European Neighbourhood Policy
European Neighbourhood Policy
The European Neighbourhood Policy is a foreign relations instrument of the European Union which seeks to tie those countries to the east and south of the EU into the EU...

 launched in 2004. On 13 November 2004, the First Ministerial Conference on Energy Cooperation between the EU and the littoral states of the Black Sea
Black Sea
The Black Sea is bounded by Europe, Anatolia and the Caucasus and is ultimately connected to the Atlantic Ocean via the Mediterranean and the Aegean seas and various straits. The Bosphorus strait connects it to the Sea of Marmara, and the strait of the Dardanelles connects that sea to the Aegean...

, Caspian Sea
Caspian Sea
The Caspian Sea is the largest enclosed body of water on Earth by area, variously classed as the world's largest lake or a full-fledged sea. The sea has a surface area of and a volume of...

 and their neighbours was held in Baku
Baku
Baku , sometimes spelled as Baki or Bakou, is the capital and largest city of Azerbaijan, as well as the largest city on the Caspian Sea and of the Caucasus region. It is located on the southern shore of the Absheron Peninsula, which projects into the Caspian Sea. The city consists of two principal...

. Conclusions of this conference became known has the Baku Initiative. At the same time, a Transport Ministeral conference was held, resulting in a formal announcement on 14 November, supporting the framework of the EU TRACECA
TRACECA
TRACECA is an international transport programme involving the European Union and 14 member States of the Eastern European, Caucasian and Central Asian region. It has a permanent Secretariat, originally financed by the European Commission, in Baku, Azerbaijan, and a regional office in Odessa,...

 programme. A second Ministerial Conference following up the Energy Initiative was held in Astana
Astana
Astana , formerly known as Akmola , Tselinograd and Akmolinsk , is the capital and second largest city of Kazakhstan, with an officially estimated population of 708,794 as of 1 August 2010...

, Kazakhstan on 30 November 2006. A second Transport Ministerial Conference was held in Sofia
Sofia
Sofia is the capital and largest city of Bulgaria and the 12th largest city in the European Union with a population of 1.27 million people. It is located in western Bulgaria, at the foot of Mount Vitosha and approximately at the centre of the Balkan Peninsula.Prehistoric settlements were excavated...

, Bulgaria on 2–3 May 2006.

Energy

The Initiative aims to enhance integration of the energy markets of participating countries with the EU energy market
Energy market
Energy markets are those commodities markets that deal specifically with the trade and supply of energy. Energy market may refer to an electricity market, but can also refer to other sources of energy...

 so as to create transparent energy markets, capable of attracting investment as well as enhancing security of energy supply. Some authors describe this aim as European funding and investment for infrastructure development in return for a guarantee of supplies to European markets.

The objectives of the initiative are harmonisation of legal and technical standards so as to create a functioning integrated energy market in accordance with EU and international legal and regulatory frameworks; increasing the safety and security of energy supplies by extending and modernising existing infrastructure; substituting old and inefficient power generation infrastructures with environmentally friendly power generation infrastructures; developing new infrastructures and implementing a modern monitoring system of their operation; improvement of energy supply and demand management through the integration of efficient and sustainable energy systems; and promoting the financing of commercially and environmentally viable energy projects of common interest. A road map to achieve these objectives was adopted at the Astana Ministerial Conference. The road map lists following priorities:
  • Enhancing energy security addressing demand, supply and transit;
  • Supporting sustainable energy development;
  • Attracting investment;
  • Converging of energy markets on the basis of EU internal energy market principles.


These activities were financed through the European Bank for Reconstruction and Development
European Bank for Reconstruction and Development
Founded in 1991, the European Bank for Reconstruction and Development uses the tools of investment to help build market economies and democracies in 30 countries from central Europe to central Asia. Its mission was to support the formerly communist countries in the process of establishing their...

 and the European Investment Bank
European Investment Bank
The European Investment Bank is the European Union's long-term lending institution established in 1958 under the Treaty of Rome. A policy-driven bank, the EIB supports the EU’s priority objectives, especially European integration and the development of economically weak regions...

.

Transport

According to the EU Transport Directorate, 'The Baku Initiative aims to give an impulse to Trans-European transport cooperation on the basis of the mutual interest for the progressive integration of their respective transport networks and markets in accordance with EU and international legal and regulatory frameworks. It provides a supportive framework for TRACECA in order to foster the reflection on the cooperation between the EU-Black Sea/Caspian littoral States and their Neighbours, and in order to ensure the consistency with the EU priorities in the context of its Neighbourhood Policy.

Following the conclusions reached at the EU-Caspian region Transport Ministerial Conference on 14 November 2004 in Baku, 4 expert working groups have been created (aviation, security in all modes of transport, road and rail transport, transport infrastructure).'

Following the Sofia meeting in 2006, a fifth working group was added, dealing with maritime transport.

Partner countries of the Baku Initiative

The partner countries of the energy aspects of the Baku Initiative are:
The partners for transport issues are as above, without Russia, but with, additionally, Romania and Bulgaria.

Structure

The European Union follows the progress of the Baku Initiative through the European Commission
European Commission
The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union's treaties and the general day-to-day running of the Union....

 (Directorate General for Transport & Energy; Directorate General for External Relations, and EuropeAid Cooperation Office). The INOGATE
INOGATE
INOGATE is an international energy co-operation programme between the European Union , Turkey and countries of the NIS, with the exceptions of the Baltic States and the Russian Federation. Formally it describes itself as supporting "international cooperation between the European Union, the...

 Technical Secretariat (which is located in Kiev
Kiev
Kiev or Kyiv is the capital and the largest city of Ukraine, located in the north central part of the country on the Dnieper River. The population as of the 2001 census was 2,611,300. However, higher numbers have been cited in the press....

, with a regional office in Tbilisi
Tbilisi
Tbilisi is the capital and the largest city of Georgia, lying on the banks of the Mt'k'vari River. The name is derived from an early Georgian form T'pilisi and it was officially known as Tiflis until 1936...

 covering the Caucasus
Caucasus
The Caucasus, also Caucas or Caucasia , is a geopolitical region at the border of Europe and Asia, and situated between the Black and the Caspian sea...

) co-ordinates the energy aspects on behalf of the Commission and the TRACECA
TRACECA
TRACECA is an international transport programme involving the European Union and 14 member States of the Eastern European, Caucasian and Central Asian region. It has a permanent Secretariat, originally financed by the European Commission, in Baku, Azerbaijan, and a regional office in Odessa,...

 Secretariat, (which is located in Baku with a regional office in Odessa
Odessa
Odessa or Odesa is the administrative center of the Odessa Oblast located in southern Ukraine. The city is a major seaport located on the northwest shore of the Black Sea and the fourth largest city in Ukraine with a population of 1,029,000 .The predecessor of Odessa, a small Tatar settlement,...

) performs the same function for the transport aspects.

Critics

Some experts, e.g. Frank Umbach of Centre for European Security Strategies, have criticised the Baku Initiative and other policies towards the Caspian region for concentrating too much on the technical cooperation instead of seeking a more strategic long-term cooperation.

See also

  • INOGATE
    INOGATE
    INOGATE is an international energy co-operation programme between the European Union , Turkey and countries of the NIS, with the exceptions of the Baltic States and the Russian Federation. Formally it describes itself as supporting "international cooperation between the European Union, the...

  • TRACECA
    TRACECA
    TRACECA is an international transport programme involving the European Union and 14 member States of the Eastern European, Caucasian and Central Asian region. It has a permanent Secretariat, originally financed by the European Commission, in Baku, Azerbaijan, and a regional office in Odessa,...

  • Energy policy of the European Union
    Energy policy of the European Union
    Although the European Union has legislated in the area of energy policy for many years, and evolved out of the European Coal and Steel Community, the concept of introducing a mandatory and comprehensive European energy policy was only approved at the meeting of the European Council on 27 October...

  • Transport in the European Union

External links

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