3SI Summit and Business Forum in Vilnius



Lithuania has taken over the presidency of the Three Seas Initiative (3SI) from Romania and will be the next Baltic state to host the 3SI Summit being an integral component of the 3SI – International Business Forum on 11 April 2024 in Vilnius.



On 11 April this year, Lithuania will host the 9th summit of the 3SI Initiative, bringing together the 13 member states, associated members of the initiative as well as businesses and investors. Representatives from the government administration will be hosted at the Business Forum. During the one-day event for business, topics relevant to the entire region will be discussed, including security, energy security and transport connectivity. The most significant projects transforming the region will be presented, which are open to entrepreneurs, as well as B2B/B2G meetings will take place.



Participants at the annual Business Forum will discuss the long-term objectives of the 3SI, with particular emphasis on energy security and climate change, the advancement of a neutral economy, the improvement of transport, the consolidation of transatlantic cooperation and support for the integration of associated EU member states, notably Ukraine and Moldova.



The 3SI Business Forum will include a more extensive discussion of projects reshaping the region, such as the Rail Baltica project, directly involving five EU member states: Poland, Lithuania, Latvia, Estonia and Finland, as well as multilateral road infrastructure projects such as Via Baltica and Via Carpatia. The Business Forum will also address the integration and synchronisation of the Baltic electricity system with European grids, and other important strategic projects for renewable energy and interconnection in which business can participate.




The 3SI Business Forum represents a unique format where decision-makers and the business community can come together to address discussions on energy, transport infrastructure, digital interconnectivity and other issues relevant to the region. It is an excellent arena for establishing new business contacts between the business communities and 3SI partners in Europe, the US and other states in the joint pursuit of innovative solutions. The vision of Lithuania, as the 3SI presiding state, is a strong Europe and strong transatlantic ties, said the President of the Republic of Lithuania, Gitanas Nausėda, referring to the business forum to be held in their capital.



To date, there have been a total of eight summits in seven countries: Croatia, Poland, Romania (twice), Slovenia, Estonia, Bulgaria and Latvia. Lithuania (2024), Hungary (2025), the Czech Republic, Slovakia, Austria and Greece are still to come.



The 3SI brings together 13 European Union Member States: Austria, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia and Greece, and 2 associated countries – Ukraine and Moldova. The strategic partners of 3SI include the USA, Germany and the European Commission.

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About the Three Seas Initiative in Davos



Polish President Karol Nawrocki emphasized in Davos the strategic importance of the Three Seas Initiative as a key platform for infrastructural, economic, and geopolitical cooperation in Central and Eastern Europe. The opening speech of the panel „Three Seas Initiative: geostrategic business opportunities – a bridge to the future – from the Adriatic, the Baltic, the Black Sea to Asia” took place as part of the Leaders Forum powered by Poland during the World Economic Forum in Davos. Former polish president Andrzej Duda participated as well.



President Nawrocki noted that over the course of a decade the Three Seas Initiative has evolved from a political concept into a mature cooperation mechanism that has tangible impact on the regional development.




“Ten years ago, the Three Seas Initiative began as an idea. Up until today it has evolved into a strategic framework for regional transformation, and alliance of innovation and infrastructure, and a symbol of Central and South-Eastern Europe’s maturity and confidence on the world stage” – told the President.



In his address the President also emphasized the strong transatlantic anchoring of the Three Seas Initiative. He stressed that from the very beginning, the Initiative was conceived as an open project, strengthening cooperation between the European Union and partners outside Europe, particularly the United States. In this context, the Three Seas Initiative was presented as a “bridge” connecting a dynamically developing region with global capital, technology, and markets.




” The Three Seas Initiative has never been an inward-looking project (…) it has been strategically anchored in the transatlantic partnership that unites Europe and North America”.



The President drew attention to the geostrategic dimension of cooperation within the Three Seas region in the face of global challenges such as geopolitical instability, pressure on supply chains, and competition for resources. He pointed out that the development of modern infrastructure and the deepening of economic cooperation constitute the foundation of security and long-term growth.



The speech also had a strong economic dimension. The President of Poland underlined Poland’s ambitions to strengthen its position in the global economy and its aspirations to join the G20, highlighting the growing role of the Three Seas region as one of the engines of growth in Europe. At the same time, he invited international investors to actively participate in projects implemented under the framework of the Initiative.



During the World Economic Forum in Davos, President Karol Nawrocki also met with President of the United States Donald Trump. The main topics of their talks were security and economic issues.



THE PRESIDENT’S SPEECH IS AVAILABLE HERE



Photo credit: © Mikołaj Bujak/KPRP, Source: https://www.prezydent.pl/aktualnosci/wizyty-zagraniczne/prezydent-w-davos-o-inicjatywie-trojmorza,113783

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