At today’s virtual summit of the Three Seas Initiative, which was hosted by Estonia, Foreign Minister Urmas Reinsalu moderated the panel “Smart Money”, which looked at developments of the Three Seas Investment Fund since the previous summit in 2019, when Estonia took over as the coordinator of the initiative.
Today 19 October, Estonian Foreign Minister Urmas Reinsalu and the US Under Secretary of State for Economic Growth Keith Krach signed an agreement on the extension of the Estonian-US Scientific Cooperation Agreement. They also discussed the new opportunities presented by today’s Three Seas Summit and Web Forum.
According to President Kersti Kaljulaid Estonia made smart connectivity the focus of this year’s Three Seas Summit, finding more efficient ways for using infrastructure. “Estonia’s aim was to give the Three Seas Initiative a more practical dimension and to turn it from a discussion platform into a more concrete cooperation. We have achieved these aims: cooperation on government levels has increased, so has the number of countries who have joined the Three Seas Investment Fund, a Secretariat has been created and we have launched the smart connectivity concept, which outlines ways for more effective use of infrastructure,” the Estonian Head of State added.