What economic and investment prospects will Ukraine receive from joining the Three Seas Initiative?
The Three Seas Initiative’s (3SI) financial infrastructure, particularly the 3SI Investment Fund, can play an essential role in ensuring investment in long-term projects in Ukraine, said the Minister of Economy of Ukraine, Yulia Svyridenko. She noted that risk insurance for 3SI countries by export credit agencies and project financing will allow companies from the “Three Seas” to enter the private sector of Ukraine more powerfully.
“The war significantly changed the agenda of infrastructure development in the region. At the same time, Ukraine’s contribution to sustainable infrastructure in the region is vital. Therefore, improving our state’s connection with its EU neighbors in transport, energy, and digital technologies is a priority direction,” Svyridenko said.
She emphasized that the reconstruction of Ukraine is one of the most ambitious projects of the 21st century and requires enormous resources. At the same time, it opens up many opportunities and prospects, especially for business, which will become the engine of regional economic growth.