President Radev: Implementing Three Seas priority projects will be game changer

Photo: BTA

The implementation of the priority projects of the Three Seas Initiative will dramatically change the situation in the sustainable development of the region and Europe as a whole, Bulgarian President Rumen Radev said in his opening address at the Sixth Summit of the Three Seas Initiative in Sofia on Friday. “The constant development of those projects, of which there are 90 in 2021, is a sign of the level of our ambitions,” he said.

“We highly appreciate the support of our strategic partners: the United States, Germany and the European Commission,” said Radev.

He also said: “It is very good for businesses and individuals to see that the political leadership, the state bodies, agencies, multilaterals, development banks, chambers of commerce and industry, and business associations are getting together for an open discussion of all the important matters. This means that our Initiative keeps generating ideas and guidelines to boost development, improve digital, transport and energy connectivity, and initiate a strategic debate on the region's future. The Sofia Summit is one more proof that this Initiative is doing very well as a unique instrument which taps the energy of cooperation that strengthens our capacity to develop friendly relations and to generate progress and values.”

Meeting with representatives of technological giants Amazon and Google, President Rumen Radev said Bulgaria is ready to encourage companies investing in human capital to enhance their presence in the country, his Press Secretariat said. The two companies are among more than 400 participants in the Business Forum which is part of the Three Seas Initiative.

Every year young Bulgarians are among the winners of international Olympiads in mathematics, physics and computer linguistics, and Bulgaria wants to create an environment enabling them to realise their talent, said Radev. He noted that Bulgaria has become established as an IT capital of Southeastern Europe and as a leading startup destination, which is appreciated by investors.

The representatives of Amazon and Google praised President Radev for the inclusion of scientific and educational connectivity among the priorities of the Three Seas Initiative, and showed an interest in developing joint projects. The participants in the meetings concurred that scientific and educational cohesion in Europe is crucial to developing a modern infrastructure in the region and to real social and economic cohesion in the EU.

On Thursday, a Three Seas Business Forum opened in Sofia as part of the Three Seas Initiative.

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