Three Seas Initiative Overview:
– The Three Seas Initiative involves 12 countries covering 29% of the EU’s territory, with 25% of its population and producing €2.3 trillion GDP.
– Launched in 2015 by Polish and Croatian Presidents, it focuses on economic cooperation in energy, transport, and digital sectors.
– Summits have been held in various countries with notable attendees like US President Donald Trump and the President of the European Commission.
– The Three Seas Initiative Investment Fund (3SIIF) aims to raise funds for infrastructure projects in the region.
Three Seas Initiative Projects and Investments:
– Infrastructure projects like Via Carpatia and Rail-2-Sea, and the establishment of the 3SIIF focusing on transport, energy, and digital sectors.
– Financial aspects include funding needs, EBRD investments, US commitments, and the creation of the 3SIIF to finance energy projects.
– The initiative aims to connect the Baltic Sea region with southeastern EU, attract American investments, and boost economic development in the region.
Regional Cooperation and Membership Updates:
– Ukraine’s involvement in infrastructure projects, discussions on its potential membership, and its importance for the success of the initiative.
– Updates on Ukraine’s participation, Greece’s intention to join, and the expansion of the initiative.
– The initiative aims to enhance regional cooperation, strengthen European unity, and promote infrastructure development among member states.
International Relations and Perceptions:
– Ukraine’s cooperation with the initiative, discussions on its membership, and the significance of a free and sovereign Ukraine for the initiative’s success.
– Zelenskyi’s support for Ukraine’s accession, condemnation of Russia’s actions, and the role of Ukraine in the initiative.
– Various countries’ perceptions and support for the initiative, including concerns, initial skepticism, and later recognition of benefits in infrastructure cooperation.
Three Seas Initiative Summits and Declarations:
– Highlights from past summits in Croatia, Poland, Romania, etc., focusing on economic cooperation and approving interconnection projects in various sectors.
– Declarations and statements supporting the initiative’s importance for European unity and the strengthening of the EU through projects and investments.
– The initiative’s emphasis on the importance of logistics, energy cooperation, and the establishment of the Three Seas Business Forum.
The Three Seas Initiative (3SI or TSI), known also as the Baltic, Adriatic, Black Sea (BABS) Initiative or simply as the Three Seas (Latin: Trimarium, Polish: Trójmorze), is a forum of thirteen states, in the European Union, running along a north–south axis from the Baltic Sea to the Adriatic and Black Seas in Central and Eastern Europe. The Initiative aims to create a regional dialogue on questions affecting the member states.
Three Seas Initiative | |
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 Logo | |
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| Membership | |
| Establishment | 2015 |
| Area | |
• Total | 1,218,975 km2 (470,649 sq mi) |
| Population | |
• Estimate |  110,150,445 |
• Density | 90/km2 (233.1/sq mi) |
| GDP (nominal) | 2022 estimate |
• Total |  €2.295 trillion |
• Per capita | €20,838 |
Website 3seas | |
In 2016, representatives of the original 12 member states (Austria, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia) met for their first summit in Dubrovnik, Croatia. At the seventh summit in Riga on June 20, 2022, Ukraine received the status of a partner-participant of the TSI, de facto becoming a participant in this initiative. At the 2023 summit, Greece became a member and Moldova a partner-participant.
