26 May 2026 | 15:03
The Head of State held a meeting with the heads of diplomatic missions of the Member States within the framework of the Cyprus Presidency of the Council of the EU
NEWS
Rumen Radev: The Three Seas Initiative Establishes Itself as a Factor for the Development of Connectivity in the Whole Eastern Europe Region
2024-06-27 16:19:00
The Three Seas Initiative is establishing itself as a factor for the development of connectivity in the whole region of Central and Eastern Europe and is of key importance for promoting economic exchanges, investments and increasing security of supply of energy resources. This is what head of state Rumen Radev said at a meeting with Beata Daszynska-Muzyczka, Ambassador, Special Representative of the President of the Republic of Poland for the Three Seas Initiative. Poland will host the next summit of the initiative, which will take place in 2025.
The head of state highlighted this country's good partnership with the Three Seas Investment Fund. The fund's investments in Bulgaria are among the largest within the initiative, with a total amount of around EUR 200 million invested in the transport and energy sectors, and the capital raised is around 10 times more than the amount invested by this country so far.
During the meeting, Beata Daszynska-Muzyczka highlighted the ideas of expanding the dialogue of the Three Seas Initiative with the strategic partners of the initiative, strengthening the partnership with financial institutions, as well as expanding the thematic scope of the initiative with a new theme - promoting tourism and cultural exchange in Eastern Europe as a real factor for bringing the countries of our region closer together.
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