The Three Seas summit and business forum is rescheduled to 19 & 20 October
Three Seas is a joint undertaking of 12 EU Member States in Central and Eastern Europe. It is designed to accelerate the development of energy, transport and digital infrastructure in order to increase the region’s economic growth, reinforce its economic resilience and further the vision of an integrated, cohesive and undivided Europe.
The decision to reschedule the event was the only one organisers could make in the light of the crisis the world is currently facing. Ensuring people’s well-being and safety and contributing to the prevention of the spread of coronavirus are the top priorities at present.
President Kersti Kaljulaid of Estonia says that the organisers of the summit are keeping a close eye on developments around the world. “The spread of coronavirus shows us that countries must be able to work together,” she said. “Investments in the Three Seas region will be more important than ever once the crisis has abated. Developing infrastructure in the transport and energy sectors and implementing the full potential of digital solutions will be of critical value in achieving new economic growth.”
Those who had already confirmed their attendance of the Three Seas summit and business forum include Managing Director of the International Monetary Fund Kristalina Georgieva, United States Secretary of Energy Dan Brouillette, European Commissioner for Transport Adina Valean and President Frank-Walter Steinmeier of Germany. Naturally, the presidents of all of the countries in the Three Seas initiative are also expected to attend the event. Names will continue to be added to the list of attendees over the coming months, as preparations for the summit continue apace.
The summit and forum will draw international attention to practical and topical questions being asked in the Three Seas region, including:
- What sort of infrastructure investments will boost economic growth in the region?
- What sort of developments does the region’s transport infrastructure need in order to benefit from technological innovation and narrow the gap that still exists between Central and Eastern Europe and Western Europe?
- How can the energy networks of the Three Seas countries be connected to one another and to the rest of Europe? How can we move towards a single European energy market?
As might be expected of an event of this kind being held in Estonia, the Tallinn summit will focus on digital themes and smart connectivity.
investment interest in the transport, energy and digital connectivity
projects within the Three Seas Initiative during a videoconference call
with the Managing Director of the IMF Kristalina Georgieva. The Three
Seas Initiative requires the development of the investment fund and the
creation of business conditions, as well as the expert support of
international financial institutions to realise its potential, the President
On April 14, 2021, the Bulgarian Deputy Prime Minister and Minister of Foreign Affairs Ekaterina Zaharieva met with the newly appointed Ambassador of Romania to Bulgaria Mrs. Brandusa Predescu and discussed with her the cooperation between the two countries within the framework of the Three Seas Initiative. The two interlocutors agreed that Bulgaria and Romania should work actively together to attract foreign investors to the region.