Turkish Industrialists' & Businessmen's Association (TUSIAD) on Tuesday handed over rotating presidency of Union of Black Sea and Caspian Confederation of Enterprises (UBCCE) to Greece.

According to a written statement by UBCCE, TUSIAD handed over the presidency to Federation of Greek Enterprises (SEV) for 2009-2011 during the general assembly.

The statement also said new members from Iraq, Armenia and Ukraine joined the union and thus number of UBCCE members rose to 17.

The new members are; Union of Manufacturers & Businessmen of Armenia (UMBA), Georgian Confederation of Entrepreneurs (GEC), Iraqi Businessmen Union (IBMU), Confederation of Employers of Ukraine (CONFEU).

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