Economic Forum – 3seas regions on the way of digital development



The Economic Forum will be held during the 3Seas Local Government Congress.



The forum is planned to include: thematic seminars on digitization, international cooperation, hydrogen economy, new technologies and innovations.



Today we will present the first of them: 3seas regions on the way of digital development.



3seas regions on the way of digital development.


The digital economy has become a key growth driver for ten countries in Central and Eastern Europe. It contributes to the spectacular economic transformation that the region has produced in the last decades, increasingly acknowledged globally (e.g. in international media), which in turn fuels a new type of European leadership as our governments play an increasingly important role in deciding the future of the EU. In the last five years alone, the digital economy of our countries has grown by a total of EUR 42 bln. According to McKinsey’s analysis, by 2030 this increase in our region of Europe may reach as much as EUR 206 bln! However, experts admit that for these forecasts to become realistic, immediate reforms and thorough changes in what specifically drives the digital economy are necessary. During the debate, we will talk about how to effectively use this huge historical opportunity, as well as what new challenges we face and how we should respond to them. Can the Three Seas region become the second “Silicon Valley” in just a few years? How can the recommendations voiced by the business community (such as the 10 key steps for governments to take to reinforce the digital pillar, published last October) implemented?



The content partner of the panel is the Digital Poland Association and CEE Digital Coalition.



A description of the speakers appearing in the seminar can be found in the SPEAKERS tab.



May 16, 2023, 2 pm. Lublin Conference Centre.

Read more



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

Read more