Prime Minister Mateusz Morawiecki: The Three Seas Initiative creates history

We are at a turning point, we are moving from the conceptual phase, developing a strategy to the practical phase, that is, to the implementation of the projects said Prime Minister Mateusz Morawiecki after the end of the third summit of the Three Seas Initiative in Bucharest.

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Photo: Krystian Maj / Chancellery of The Prime Minister of Poland

We have already developed and agreed around 70 projects within the 12 countries from the area of the Three Seas said the Polish Prime Minister who took part in the plenary session related to the cooperation of the states participating in the Initiative. As he assured, these are the necessary solutions regarding gas interconnections, transport connections, cybersecurity and e-economy.

Cooperation of the Three Seas Initiative countries in the area of energy

Prime Minister Mateusz Morawiecki announced the intention to develop a new cooperation platform based on transport connections as well as new energy solutions. As he said, we are already building new interconnectors between Poland and Slovakia, Slovakia and Hungary, Hungary and Romania; we are talking about the real possibility of diversifying gas supplies from various sources.

In this context the Polish Prime Minister expressed his concern in relation to and dissent to the construction of the Nord Stream 2 gas pipeline. He highlighted that the Nord Stream 2 pipeline between Russia and Germany is not a diversification, but further monopolisation.

Prime Minister Mateusz Morawiecki also touched upon the topic of Nord Stream 2 gas pipeline during his conversation with the US Secretary of Energy, Rick Perry, who participated in the summit. I talked about the importance of achieving real diversification and independence of the whole of Europe, with particular emphasis on Central Europe, from Russian gas, and this is also what the Three Seas Initiatives are aimed at he said.

Cooperation of the Three Seas Initiative countries in the area of transport

When it comes to transport we accept the importance of restoring North-South connections, such as the Via Carpatia route, which is a priority for the current government the Prime Minister said.  He also emphasized that thanks to the Via Baltica route we will increase trade and investment opportunities between the Three Seas countries.

Cooperation of the Three Seas Initiative countries in the area of cybersecurity

Prime Minister Mateusz Morawiecki pointed out that one of the topics of the plenary session during the summit in Bucharest were security in the digital economy and risks related to hybrid attacks. He noted that in this respect Poland is working on modern solutions, but cooperation under the framework of the Three Seas Initiative is important as well.

We have talked a lot about the importance of developing a coherent policy. Today, it was very clear that the 12 signatory and participating countries of the Three Seas Initiative are tightening their ties, but this is done in full coherence and harmony with the family of the European Union Member States stressed the Prime Minister.

The Head of Government also pointed out the need to build transatlantic relations, strengthening the cooperation between Europe and the USA by the Three Seas countries is the key to maintaining peace, strengthening democracy and improving investment, trade and economic prospects.

The Three Seas Initiative Fund

This is a very important step said the Prime Minister, mentioning a letter of intent signed during the Bucharest summit on the creation of the Three Seas Initiative Fund. The multiplication of funds through the creation of the Three Seas Fund can bring only good solutions and proposals for consolidating our initiative he stressed.

The Fund is to be a financial instrument, which aim will be to seek new financial resources for priority infrastructure investments of the Three Seas Initiative. National contributions of individual countries will be the basic source of financing, while development banks of the participating countries will be the shareholders.

To sum up, Prime Minister Mateusz Morawiecki emphasized, I am very happy that we have made a milestone today on the road to strengthening this alliance as part of our Three Seas Initiative.

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