Greece has joined the Three Seas Initiative (3SI), while Ukraine and Moldova have become associated states, according to the Joint Declaration of the Eighth Three Seas Initiative Summit in Bucharest.
By becoming a Three Sea Initiative-associated state, Ukraine will be able to get more involved in all the instruments of the 3SI and also to access investments for strategic interconnection projects, Romanian President Klaus Iohannis said.
”Ukraine will also get closer to the EU and will be able to prepare better for its reconstruction and recovery,” the head of the Romanian state said, adding that the leaders of 3SI will continue to support Ukraine and Moldova on their accession path into the EU.
Also, at the summit held in Bucharest on r 6-7 September, Greece became the 13th participating state to the 3SI, ”which solidifies the Initiative and greatly enhances its potential as a platform for improving economic development, transport, energy and digital infrastructure connectivity on the North-South axis and for strengthening the cohesion of the EU”, the Joint Declaration noted.
The Three Seas Initiative was founded in 2016 by Polish President Andrzej Duda and his then-Croatian counterpart Kolinda Grabar-Kitarović as a platform of economic cooperation between Central European EU countries. It counts twelve states in the European Union, running along a north-south axis from the Baltic Sea to the Adriatic and Black Seas, hence the name.
Now, the countries in the region of the Black, Adriatic and Baltic seas are “a refuge for investors in trying times,” Andrzej Duda said on Thursday at the 3SI Business Forum.
The leader from Warsaw claimed that in recent years, the states in this area had “the most dynamic economic development among all European economic regions”.
(Cătălina Mihai | EURACTIV.ro)
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