US promises $1 bln for energy independence in eastern Europe
19:27
Mike Pompeo, US Secretary of State announced financial support for the Three Seas initiative projects. The head of American diplomacy said that Washington would spend even a billion dollars on this.
The US goal is to drive private investment in the energy sector in a region stretching between the Baltic, Adriatic and the Black Sea. This is to help Central and Eastern European countries become independent of Russia in energy matters.
The announcement of the American secretary of state was welcomed by the head of Polish diplomacy Jacek Czaputowicz.
"This is a very important declaration, showing the United States taking the Three Seas initiative seriously," Czaputowicz said.
He added that this money could be used to improve the state of energy infrastructure in the region and increase the flow of energy resources.
(Gazeta.pl)
