PM Borissov: Bulgaria Will Participate With EUR 20 Million In the Investment Fund of the Three Seas Initiative

Business | September 2, 2020, Wednesday // 11:57|  views

Bulgaria will participate with 20 million euros in the Investment Fund of the "Three Seas" initiative, in which our country is together with 11 other European countries. This was announced live by Prime Minister Boyko Borissov on his Facebook account. The initiative is an extremely important platform for regional cooperation with a focus on trade and economic relations and on creating greater North-South connectivity in the fields of energy, transport, communications, information technology, business.

By investing in "Three Seas", we open up huge opportunities for the development of key projects. In this context, only a few days ago, the Bulgarian state became the owner of 20% of the liquefied gas terminal near Alexandroupolis in Greece, which is a strong sign of the active construction of gas pipelines along the South-North vertical, Borissov added.

Bulgaria's participation in the Three Seas Initiative is geostrategic and further reinforces Bulgaria's important role in the region. That is why the national coordination of the form on the Bulgarian side will be at a very high level, he was categorical.

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Tags: Alexandroupolis, Boyko Borissov, Three Seas Initiative


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