NEWS

 

 

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.  

 

Bulgaria is increasingly visible on the German investment map and ever more attractive to German companies, many of which reinvest their profits and export research and development centres to our country. This was stated by President Rumen Radev during a meeting in Sofia with the leadership of the Federal Association for Economic Development and Foreign Trade (BWA).

The Bulgarian head of state emphasised the importance of global efforts to counter terrorism, while expressing concern about the escalation of tension in the Middle East following the Israeli air strike on the Qatari capital, Doha. Hundreds of our compatriots live and work in the Qatari capital.

Connectivity between the countries in Southeast Europe is important not only for their economic development, but is also a factor in NATO's collective security in the region, the president emphasises during a meeting with NATO's Deputy Secretary General

President Rumen Radev holds a meeting in Berlin with his counterpart, the President of the Federal Republic of Germany, Frank-Walter Steinmeier