The Black Sea Energy & Economic Forum 2009 started, organised by the US Atlantic Council, supported by the Romanian Economic and Foreign Affairs Ministries. The conference brings together leaders from Europe, Asia and the US, plus important business leaders.

Statements

Mircea Geoana, Romanian Social-Democratic Party leader:

In 2003, we were trying to have the Black Sea on the US administration's map. The question resurfaces today, for the Obama administration.I strongly believe that the Geopolitical relevance in the case of Black Sea and Caspian Sea will always remain important.I'm convinced a new balanced will be reached in the years to come if we back our cause, and not only as a link between the West and the East.The fight to control the Black Sea and the Danube Delta are not new issues and will not conclude. We can find common ground, as to not sacrifice the region's chance for development.I do not share the Russian phobia and anti-Russian feelings, which could maybe be legitimate from a historic perspective, but are not currently adequate.We will not discuss about a new sphere of interest, but about a pragmatic engagement. We need to engage Russia in a constructive manner.For some countries, the lack of resources is a disguised curse.I encourage the Romanian leaders to take part in this effort. I'm tired to wait from Bucharest the same decisions taken elsewhere.

There is the obligation to diversify. This is the path towards progress. At that point, energy will be less a geopolitical instrument and more a cooperation tool.We'll need to try and influence these trials.Billions of euros are needed to modernise the Romanian energetic sector. We're obliged to set a clear path for the Romanian energy sector for at least 20 years.I believe that this conference has three meanings: starting the lobby in Washington, bringing together business represe