Three Seas Initiative

Tsvetan Tsvetanov: Three Seas Initiative Is Slap in the Face of Bulgaria's Foes - Russia and China

The Three Seas Initiative has established itself as a valuable tool for achieving economic growth and accelerating social and economic cohesion between Eastern and Western Europe.

President Klaus Iohannis had a talk in video-conference system with his Estonian counterpart, Kersti Kaljulaid, context in which the Romanian president accepted the latter's invitation to pay a state visit to the Republic of Estonia in June, if the epidemiological conditions allows, informs the Presidential Administration.

Established in 2015 on the initiative of the Polish and Croatian presidents, 3SI was handed a momentum boost the following year when the administration of Donald Trump gave its backing. On the map, the 3SI team sheet builds a block running right across Europe from north to south and linking the Baltic, Black and Adriatic Seas.

As a country that will preside over the Three Seas Initiative in 2021, Bulgaria welcomed the decision of the Board of United States International Development Finance Corporation to participate in the Investment Fund with 0 million, the Foreign Ministry reported.

Thus, the capital of the Three Seas Fund exceeds EUR 1.2 billion.

Minister of Economy Virgil Popescu and US Ambassador Adrian Zuckerman signed, on Wednesday, at the Victoria Governmental Palace, in the presence of interim Prime Minister Nicolae Ciuca, the Romania-US Intergovernmental Agreement on cooperation in relation to the Cernavoda nuclear power projects and in the civil nuclear energy sector in our country.

Foreign Affairs Minister Bogdan Aurescu attended on Saturday, on the sidelines of the Munich Security Conference, the round table on the Three Seas Initiative, on which occasion he welcomed Secretary of State Mike Pompeo's announcement on the allocation by the United States of one billion US dollars for investments in energy projects under the Three Seas Initiative, informs a press release of t

The US allocates about $ 1 billion to Central and Eastern European countries for energy security projects under the Three Seas initiative to develop the regional dialogue. This was announced by Secretary of State Mike Pompeo in a speech to the Munich Security Conference.

The implementation of projects will help these countries secure their energy security.

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At the proposal of President Rumen Radev Bulgaria will host the sixth summit of the Three Seas Regional Initiative, which brings together 12 EU member states, located between the Adriatic, Baltic and Black seas and which is actively supported by the US. The Bulgarian Head of State invited the US President to participate in the forum at the NATO summit in London.

he relationship between Poland and Romania is "at a peak", says President Klaus Iohannis, in a message conveyed in celebration of the 100-year anniversary of Romanian-Polish diplomatic relations and 10-year anniversary of Strategic Partnership. The head of state talks about the two countries' recent history and their role in a regional context.