As host of the Three Seas Initiative Summit in 2021 Bulgaria welcomes the decision of the Board of the U.S. International Development Finance Corporation that approved its $300M investment into the Three Seas Initiative Investment Fund (3SIIF). Thus, the capital of the Three Seas Fund has already exceeded 1.2 billion euros. The decision made at the suggestion of Secretary of State Mike Pompeo is an important step by which the United States reaffirms its strong support for the Initiative. The approved investment earmarked for the development of cross-border energy infrastructure in Central and Eastern Europe. In September 2020 Bulgaria took a decision to participate with an investment of 20 million euros in the Three Seas Fund.
Bulgaria welcomes the investment of $300 million for the Three Seas Fund approved by DFC
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In April the Summit of the Three Seas Initiative will take place in Warsaw
Thirteen countries, 120 million citizens and 143 priority projects – the Three Seas Initiative celebrates its tenth anniversary this year. The Anniversary Summit, to be held in Warsaw on 28–29 April 2025, will not only symbolically conclude a decade of regional cooperation, but also set the direction for its further development.
Three Seas Initiative Summit in Vilnius
On Thursday, President Gitanas Nausėda chaired the plenary session of the ninth summit of the Three Seas Initiative (3SI) in Vilnius.