Today, President of the Riigikogu (Parliament of Estonia) Eiki Nestor participates in the Three Seas Initiative summit in Bucharest, Romania, where the economic development of 12 Baltic, Adriatic and Black Sea countries, European cohesion and transatlantic relations are discussed.
In his speech, the President of the Riigikogu emphasised that Estonia supported cooperation in transport, energy and digital market sectors in order to promote economic relations, energy security, trade and investments in the region.
Nestor thinks that the Three Seas Initiative has a great potential for strengthening cooperation and enlivening dialogue. “Our economy can be boosted through closer cooperation, better connections and cohesion,” Nestor said. “Each country has its strengths and valuable know-how that can be shared with others, and through practical cooperation we will achieve better competitiveness in different fields.”
The Three Seas Initiative is a cooperation forum of Baltic, Adriatic and Black Sea regions, which aims to contribute to the general growth of welfare in the European Union, and develop the energy, telecommunications and transport infrastructure along North-South axis.
12 European Union member states – Austria, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia participate in the initiative.
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