Hungary also to join Three Seas Initiative Investment Fund
Hungary announced the decision to join the Three Seas Initiative Investment Fund with a contribution of 20 million euros. The Hungarian Export-Import Bank has been tasked with the execution of the decision.
The Minister of Foreign Affairs and Trade of Hungary Péter Szijjártó confirms in a letter to the Estonian Minister of Foreign Affairs Urmas Reinsalu that Hungary stands ready to join forces with all the Member States of the Three Seas initiative to further increase the stability and prosperity of our region through project-based infrastructure development assisted by the Three Seas Initiative Investment Fund.
Hungary becomes the fifth country to join the fund along with Poland, Romania, Estonia and Latvia.
Ekaterina Zaharieva: The potential of the 3SI should be used to present our region as an attractive investment destination
‘The potential of the 3 Seas Initiative and of the Bulgarian informal presidency of the process should be used to present the region as an attractive investment destination and to also help with the economic recovery from the recession’.
US Secretary of State Antony Blinken expressed US support for the Three Seas Initiative
Secretary of State Antony J. Blinken remarks on the Three Seas Initiative