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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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.
Joint Declaration of the Ninth Summit of the Three Seas Initiative
We, the Presidents and high-level representatives of 13 Member States of the European
Union, the participating states – the Republic of Austria, the Republic of Bulgaria, the Republic
of Croatia, the Czech Republic, the Republic of Estonia, the Hellenic Republic, Hungary, the
Republic of Latvia, the Republic of Lithuania, the Republic of Poland, Romania, the Slovak
Republic, the Republic of Slovenia – of the Three Seas Initiative (3SI), met in Vilnius, Lithuania,
on 11 April 2024 on the occasion of the Ninth 3SI Summit and the Sixth 3SI Business Forum.