Within the framework of measures relating to Armenia's presidency at the Organization of the Black Sea Economic Cooperation secretary general of the organization Business Council Costas Masmanidis has arrived in Yerevan. In the course of the visit he will hold meetings with the representatives of the business circles and relevant ministries and departments of Armenia on the subject of holding the recurrent meeting of the Business Council directorate and organizing a jewelry exposition under its aegis. According to the information provided by the Armenian foreign ministry, the BSEC unites representatives of business circles of 11 member countries and contributes to establishment of close ties between them via holding various forums and exhibitions. For that purpose the Black Sea Investment Initiative program aiming at forming a favorable business atmosphere in the organization member states and making the region more attractive for foreign investments is created.