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This article proves relevance of the cooperation between the states of the Baltic and Black Sea region and reveals the prospects of Ukraine’s participation in interstate cooperation within the Baltic-Black Sea region in view of the current state of the international system and the conflict with Russia. Also the review of ideological and theoretical approaches to understanding the Baltic and Black Sea region is carried out and its potential is emphasized from the point of view of policy of NATO and the EU. It is established that the priority of cooperation in the Baltic and Black Sea region is the transport, economic policy of the sphere. The emphasis is placed on distinctions between the certain states of the region (Russia, Turkey) concerning regional security. The need of attraction to cooperation for the Baltic and Black Sea region of a wide range of the states for the purpose of overcoming the unsuccessful experience of cooperation and creation of new effective regional security architecture is confirmed.

The prospects for Baltic – Black Sea cooperation in the context of current Russian-Ukrainian relations