As host of the Three Seas Initiative Summit in 2021 Bulgaria welcomes the decision of the Board of the U.S. International Development Finance Corporation that approved its $300M investment into the Three Seas Initiative Investment Fund (3SIIF). Thus, the capital of the Three Seas Fund has already exceeded 1.2 billion euros. The decision made at the suggestion of Secretary of State Mike Pompeo is an important step by which the United States reaffirms its strong support for the Initiative. The approved investment earmarked for the development of cross-border energy infrastructure in Central and Eastern Europe. In September 2020 Bulgaria took a decision to participate with an investment of 20 million euros in the Three Seas Fund.
Bulgaria welcomes the investment of $300 million for the Three Seas Fund approved by DFC
Subscribe to our newsletter!
News
Joint Declaration of the 10th Summit of the Three Seas Initiative
We underline the 3SI’s constructive role in providing economic security and competitiveness to the region and the whole European Union.
The 10th Three Seas Summit
At the Royal Castle in Warsaw, President Andrzej Duda inaugurated the 10th Summit of the Three Seas Initiative.