Black Sea Forum for Partnership and Dialogue Black Sea Forum for Partnership and Dialogue The inaugural session of the Black Sea Forum for Partnership and Dialogue (BSF) was held on June 4–6, 2006 in Bucharest. The Forum is a Romanian initiative, initially meant to hold annual presidential-level summits (the venues rotating among participant countries) and thematic or sectoral-cooperation meeting during those annual intervals. The Forum is not meant to create new regional institutions, but rather to turn into a regular consultative process among countries of the extended Black Sea region (defined as including the South Caucasus to the Caspian Sea) and between this group of countries and
Caspian Sea the key problem. Access to mineral resources (oil and natural gas), access for fishing, and access to international waters (through Russia's Volga river and the canals connecting it to the Black Sea and Baltic Sea) all depend upon the outcomes of negotiations. Access to the Volga River is particularly important for the landlocked states of Azerbaijan, Kazakhstan, and Turkmenistan. This concerns Russia, because the potential traffic would use its inland waterways. If a body of water is labelled as a sea, then there would be some precedents and international treaties obliging the granting of access permits to foreign vessels. If