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I UNDERSTAND
English Section

US to support energy projects in Three Seas Initiative countries: Pompeo

15.02.2020 11:30
US Secretary of State Mike Pompeo announced on Saturday that his country aims to allocate USD 1 billion to support energy infrastructure development in Three Seas Initiative countries, including Poland, Polish Radio's IAR news agency reported.
Audio
US Secretary of State Mike Pompeo addresses an audience during a Statements and Discussion session at the 56th Munich Security Conference (MSC) in Munich, Germany
US Secretary of State Mike Pompeo addresses an audience during a Statements and Discussion session at the 56th Munich Security Conference (MSC) in Munich, GermanyPhoto: PAP/EPA

According to the agency, Pompeo told a security conference in Munich that the move is part of a US drive to increase Europe's energy independence from Russia.

Pompeo was also quoted by IAR as saying that his country wants to boost the region's private investments in the energy sector.

The Polish-led Three Seas Initiative aims to boost infrastructure, energy and economic cooperation among 12 countries between the Black, Baltic and Adriatic Seas.

The initiative brings together Poland, Austria, Bulgaria, Croatia, the Czech Republic, Estonia, Lithuania, Latvia, Romania, Slovakia, Slovenia and Hungary.

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Source: IAR

Listen to an audio report by Michał Owczarek by clicking on the ‘play’ button