Three Seas Initiative
The Three Seas Initiative (3SI, TSI, I3M), also known as the Baltic, Adriatic, Black Sea (BABS) Initiative, is a forum of twelve states in the European Union, located in Central and Eastern Europe. The combined area connects the Adriatic Sea, Baltic Sea, and Black Sea. The initiative aims to create a regional dialogue on a variety of questions affecting the member states. The twelve members met for their first summit in 2016, in Dubrovnik.
Three Seas Initiative
The European Union and the twelve member states of the Three Seas Initiative
|1,218,975 km2 (470,649 sq mi)|
|GDP (nominal)||2018 estimate|
The Three Seas Initiative has twelve member states along a north-south axis from the Baltic Sea to the Adriatic Sea and the Black Sea: Austria, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. All, except Austria, are formerly communist countries. With the exception of two Nordic states (Sweden and Finland) and the Mediterranean island states (Cyprus and Malta) it includes all states that have joined the European Union since 1986.
The initiative held its first summit in Dubrovnik on 25–26 August 2016. The two-day event ended with a declaration of co-operation in economic matters, particularly in the field of energy as well as transport and communications infrastructure. Polish President Andrzej Duda called the initiative "a new concept to promote Europe's unity and cohesion, it is an idea of cooperation among 12 countries located between the Adriatic, Baltic and Black Seas, the three seas of Central Europe." Guest speakers included Chinese Ministerial Assistant for Foreign Affairs Liu Haixing, who talked about the interconnectedness with the Chinese government's Belt and Road Initiative, and former US National Security Advisor, General James L. Jones, who stressed the initiative's role in European development and security.
The initiative's second summit was held 6–7 July 2017 in Warsaw. US President Donald Trump attended the summit. The participating countries unanimously agreed to set up a Three Seas Business Forum.
The initiative's third summit took place 17-18 September 2018 in Bucharest. Participants approved a list of priority interconnection projects in the three key areas – transport, energy and digital. President of the European Commission Jean-Claude Juncker, German Foreign Minister Heiko Maas and US Secretary of Energy Rick Perry attended the summit as guests. The first edition of the Business Forum was organised at this time. 3SI Network of Chambers of Commerce was created and Letter of Intent in relation to the establishment of the Three Seas Investment Fund was signed here.
|1st||25–26 August 2016||Dubrovnik, Croatia||Kolinda Grabar-Kitarović|
|2nd||6–7 July 2017||Warsaw, Poland||Andrzej Duda||U.S. President Donald Trump attended|
|3rd||17–18 September 2018||Bucharest, Romania||Klaus Iohannis||E.U. Commission President Jean-Claude Juncker attended|
|4th||TBA 2019||Slovenia||Borut Pahor|
The initiative is closely related to two major infrastructure projects in the region:
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