Yalta, Ukraine will host the 2nd International Black Sea Economic Forum due October 7-8, 2011.

This year's forum will focus on topical issues of economic cooperation in the Black Sea basin and will help open new opportunities for joint projects and initiatives, presenting the best international experience of regional leadership and economic development. Forum's program will cover such key issues of the economic potential of the Black Sea region, as prospects for cooperation and creation of interregional and international clusters in the field of agricultural and organic production, as well as interregional and international cooperation for development of the resort market and tourism.

Under the auspices of the President of Ukraine the Forum will host an interregional forum of Black Sea oblasts of Ukraine, which will activate business co-operation of sub-regions of Black Sea basin in the most important for development areas.

This year the Forum will bring together about 150 representatives of government, business, expert circles and mass media of the Black Sea countries such as Ukraine, Russia, Georgia, Turkey, Bulgaria, Romania, Moldova, Armenia, Azerbaijan and European region, the Forum official website reported.