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Vol. 73 No. 2 (2020): The Three Seas Initiative in the face of contemporary challenges

Diplomacy and Safety

The Three Seas Initiative as a response of Central Europe to global and European Union’s challenges

DOI: https://doi.org/10.35757/SM.2020.73.2.10
Submitted: January 20, 2021
Published: December 21, 2020

Abstract

The Three Seas Initiative brings together countries that share a number of similarities in their economic structure, demography and place in the global and European division of labour. The intensifying rivalry between China and the United States and the transformation within the European Union (EU) create a need for greater regional coordination. A suitable use of the opportunities in the emerging new geopolitical context may contribute to eliminating the main development barriers in the region, as well as escaping from the peripheral position within the global economy. This can be achieved by strengthening economic connections within the region and between regional and non-European markets. This will require funds for significant investment in infrastructure. The Three Seas Initiative has the potential to be a platform not only to coordinate the region’s activities, but also to use the advantages of its geographic location to maintain its position as a driving force for EU development.

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