Economic Forum – Directions of development of economic cooperation in the countries of the Three Seas Initiative.



The next seminar to be held as part of the Economic Forum is Directions of development of economic cooperation in the countries of the Three Seas Initiative.



Directions for the development of economic cooperation  in the countries of the Three Seas Initiative 


The speakers are experts in trade and international cooperation. The aim of the discussion is to identify the sources of competitiveness of the economies of the Central and Eastern European Region and to outline a vision of further, unhindered development and economic cooperation in the region.



Over the past decades, the high economic competitiveness of the countries of the Three Seas region has been seen in the access to cheap labor and a relatively low level of taxation. This truism is deeply rooted in the minds of many people. However, the world does not stand still, and factors such as war, pandemic, migration and demographic crisis, or technological transformation of the industry clearly show that we should redefine such statements.



What directions of economic development should we pay particular attention to in the future in order to maintain its high pace and keep the region attractive to investors? How should the cooperation between the private and public sectors proceed under such conditions?



This and many other issues will be answered by an international group of experts in the field of trade and international cooperation at a discussion seminar, co-organized by Polish Investment and Trade Agency.



May 16, 2023, 3 pm, Lublin Conference Centre

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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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