The Black Sea Accords, establishing the Black Sea Association, were agreed to over a number of months during what amounted to secret meetings at the Rhodopian Consulate in Vize, Thrace. Also known as the Treaty of Vize, these accords were agreed to by the negotiating powers, signed, and notarized on the 31st of August, 2011, and took effect the next day, September 1st, 2011.
Primarily, negotiations were held between the Crimean, Greek, Rhodopian, and Transylvanian governments, though representatives from the Don and Kuban Republics and Partium were also present at times. These were held at Vize, given that the area is more secure than most, as well as the proceedings were easier to keep hidden.
ADC officials, in light of the Greek membership in that organization, were brought in at the last moment, to cement an understanding over the relation of the Accords to that organization, into place. The Atlantic Defense Community itself - not its membership, but the organization itself - would also send an observer to meetings of the Accord signatories.
Signing nations of the Accords have agreed to establish an free-trade economic zone amongst themselves, in a trade and economic alliance. In this, they will do their utmost to not compete with each other, and will try to aid each other in other markets as well.
The other primary function of the Accords is to establish a security agreement. While not an alliance by any means, the goal of this agreement is to try and ensure that trade through the Black Sea is safe and unmolested, and that no country can interfere with it. Depending on the member, it is believed that this is largely directed against either the Turkish Sultanate, or Siberia, as the lack of any piracy in the Black Sea means that there is no worries in that department.
Besides these two primary functions, the Accords are also meant to encourage cooperation between involved governments in the region, partially in an attempt to keep the peace, but also to aid in ongoing recovery efforts. This is also the case with regards towards strengthening cooperation between the law-enforcement agencies of the member countries, and with any disaster relief that may be needed as well.
They will also begin work on establishing an international banking institution amongst themselves, to help provide financing and financial guarantees and ensure that the terms of the Accords are easier for the poorer and weaker members to handle. The first projects to be supported like this will be ongoing Rhodopian efforts to build a port, the railroad being constructed, with Greek and Crimean financial backing, by the Kuban and Don Republics to connect the Don Republic to the Kuban ports, and the Partian and Transylvanian construction of dams near Debrecen.
Environmental Studies being conducted in what was once eastern Romanian and the southwestern Ukraine by the WWF will also receive some additional funding from the Greek government under the terms of the Accords. Reclamation efforts, primarily that of Partium and Rhodope, will receive some funding from the Greek government as well.
There are three separate levels of signatories to the accords - Full Members, Junior Members, and Observers. These are:
Under the Black Sea Accords, and the Association that they established, a Director would be named to head the offices set up in New Byzantium, with each of the signatories sending a small number of bureaucrats to staff the offices. The first Director, named at the press conference announcing the Accords, is John Panaretos, a former member of the Federal Greek government from the Hellenic Republic and one of the lead negotiators of the Accords. A secondary office will be opened at Yalta at some point in the future.
Their responsibilities largely revolve around ensuring that the economic aspects of the Accords are followed, and to do preliminary investigating into disputes before handing such matters off to the national police forces. They also hear any complaints, or the like, that anyone may have.
A small military detachment from each of the members will also be sent to New Byzantium. Here, they will perform a number of duties, including both guarding the Director and the offices there, but also helping to keep an eye on the Straits. A similar detachment will be placed at Yalta to perform similar functions there with regards to the Sea of Azov.