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A regional network and an international refereed scientific journal have been established to promote space weather studies in southeastern and east central Europe and in the Caucasus region. The main impetus behind establishing the Balkan, Black Sea, and Caspian Sea Regional Network on Space Weather Studies is to strengthen activities in the region in the field of space science—especially space weather-related studies—under the umbrella of the International Heliophysical Year (IHY).

The network promotes bilateral and multilateral joint projects and collaborations among network countries; the training of young scientists from network countries at participating institutions; and the organizing of annual regional summer/winter schools and colloquia on solar-terrestrial physics and network meetings in different network countries. In addition, the network promotes activities to popularize the knowledge of solar-terrestrial physics through network member-written popular scientific articles published on the network's Web site and in other network country publications. The network also promotes school competitions for proposals for joint/collaborative astrophysical observations. It also promotes “astronomy olympiads,” a competition to test young people on their knowledge of astronomy that remains popular in former Soviet block countries.