3 Seas Initiative Deserves Greater Attention, America’s Increased Strategic Support

COMMENTARY Europe

3 Seas Initiative Deserves Greater Attention, America’s Increased Strategic Support

Jun 21st, 2022 3 min read
COMMENTARY BY
Anthony B. Kim

Research Fellow and Editor of the Index of Economic Freedom

Anthony B. Kim researches international economic issues at The Heritage Foundation, with a focus on economic freedom and free trade.
Intensifying U.S. efforts to secure energy connectivity through the Three Seas Initiative is critical and deserves immediate concrete action. meshaphoto / Getty Images

Key Takeaways

The ongoing invasion of Ukraine by Vladimir Putin’s Russia underscores the elevated importance of the initiative.

Having secure, stable, and economically viable strategic partners in the three seas region is in the security and economic interest of the United States.

An added urgency to the Three Seas Initiative should not be confined to a diplomatic agenda. Now is the time to notch up the momentum.

The upcoming Three Seas Initiative meetings present a critically important opportunity for the initiative’s partners to work together to reboot their commitment to advancing shared values and pragmatic policies that enhance economic freedom and security.

The latest annual summit and business forum will be hosted by Latvia June 20 to 21. Unambiguously, the ongoing invasion of Ukraine by Vladimir Putin’s Russia underscores the elevated importance of the initiative, which promotes connectivity among 12 key European nations near Russia, for the United States and its allies in the three seas region.

As Latvia’s President Egils Levits summed it up, “It’s high time to take the Three Seas Initiative to the next level,” with an added imperative to “focus on how the 3SI platform can help Ukraine in resisting Russia’s aggression and rebuilding its infrastructure.”

More than ever, the Three Seas Initiative matters to the U.S. too. In the current geopolitical context, intensifying U.S. efforts to secure energy connectivity through the Three Seas Initiative is critical and deserves immediate concrete action. So does rendering practical aid to contribute to Ukraine’s self-defense and protecting supply lines to Ukraine.

From Washington’s broader foreign policy perspective, the initiative—launched in 2016 to facilitate greater development and connectivity among 12 European Union countries around and between the Baltic, Black, and Adriatic seas—is one of the most notable political and economic policy initiatives that has been put into action in Central and Eastern Europe.

The 12 countries of the Three Seas Initiative are Austria, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia. The initiative focuses on promoting connectivity among nations in this critical region by supporting infrastructure, energy, and digital interconnectivity projects, with the ultimate goal of strengthening their security and greater economic resilience.

The Three Seas Initiative countries are like-minded and willing partners of critical importance to the United States both politically and economically. While each of the 12 countries has undergone different phases of transition over the past decades, by and large they as a group have turned away, dramatically so, from communism and embraced a variety of free-market policies that have led to growing prosperity and stability.

Having secure, stable, and economically viable strategic partners in the three seas region is in the security and economic interest of the United States.

To that end, the Three Seas Initiative deserves America’s stronger support and elevated strategic engagement. The upcoming summit and forum will likely prove a pivotal moment for the initiative—either with tangible outcomes starting to emerge, or with the initiative fading away as a missed opportunity due to a lack of political will.

The initiative will allow the U.S. to shape strengthened business, energy, and geopolitical ties to the critical region, particularly through the private sector that is the catalyst for real and meaningful economic transformation.

Grasping and capitalizing on all opportunities to further deepen practical trade and investment relations is in the mutual interests of Washington and countries in the three seas region. Realizing that objective requires the United States and the three seas countries to remain steadfast in their determination to ensure that the evolving strategic partnership grows stronger as they move forward together.

As noted by the Congressional Research Service, the strategic objectives of the Three Seas Initiative are in line with a number of broad U.S. security and economic goals that have received congressional support.

Members of Congress have “demonstrated a growing interest in European energy security and sought to encourage reduced energy reliance on Russia, including by promoting U.S. [liquefied natural gas] exports.”

During a virtual speech given to the Three Seas Initiative summit in Bulgaria last July, President Joe Biden declared that the United States will be an “unfailing partner” of the Three Seas Initiative countries. However, those words must be followed through on with concrete action, particularly with America becoming a more proactive anchor investor.

An added urgency to the Three Seas Initiative should not be confined to a diplomatic agenda. Now is the time to notch up the momentum by following through with concrete steps to push forward the initiative. It’s in the clear interest of the United States and its Three Seas Initiative partners to amplify this year’s Three Seas Initiative Summit and Business Forum in Latvia.

This piece originally appeared in The Daily Signal