President Kaljulaid meets with the US Secretary of the Treasury and the Managing Director of the IMF
Yesterday, in the course of her working visit to the United States of America, President Kersti Kaljulaid met in Washington with US Secretary of the Treasury Steven Mnuchin and Managing Director of the International Monetary Fund Kristalina Georgieva.
The discussion with Secretary of the Treasury Mnuchin that took place late in the evening yesterday (Estonian time) focused on three topics: the policy of sanctions against Russia, the fight against money laundering and the Three Seas Initiative summit and business forum taking place in Tallinn in June.
President Kaljulaid shared with Secretary of the Treasury Mnuchin the Estonian plans in connection with the Three Seas Initiative summit and business forum to be held in Tallinn in mid-June.
A second late-evening meeting took place with Managing Director of the International Monetary Fund Kristalina Georgieva to discuss the current state of the global economy and the likely influential trends in the near future. “The climate crisis and the fight against it can jeopardise worldwide financial stability but also offer new opportunities, as long as we are smart and able to reap the benefits of latest technologies,” said President Kaljulaid after the meeting.
The Three Seas Initiative was a key topic of this meeting as well. Summing up the discussion, the President of the Republic reiterated that joint efforts would bring much more success in dealing with such major challenges as lacking infrastructural investments in the Three Seas Initiative countries over the last few decades. President Kaljulaid officially invited Kristalina Georgieva to the initiative summit in Tallinn in June.
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The Three Seas Initiative (3SI) has become one of the topics during the World Economic Forum in Davos, Switzerland, attracting speakers and audience on current matters of development of the Three Seas region. From 22 to 25 May 2022, in six noteworthy panels, discussions are focusing on the Three Seas region’s energy transformation, commercial potentials, international investments, new age infrastructure, financial potentials and possible digital revolution.