Minister of economy of Ukraine, Yuliia Sviridenko, announced that Ukraine has become an associated member state of the Baltic-Adriatic-Black Sea initiative after meeting in Bucharest. Now, Ukraine will have the right to participate in solving economic and infrastructure issues. The initiative will work to facilitate exports from Ukraine through the seas, including in grain logistics. In addition, Kyiv gained access to the tools of the 3 Seas initiative.
"With the victory and the restoration of complete freedom of navigation in the Black sea, we will see a new reality of trade in the 3 Seas Initiative region – free and efficient, thanks to developed infrastructure," the Ukrainian minister of economy.
The initiative points to the need to modernize infrastructure, transportation systems, food delivery and investment to get independence from Russia.
"The partners called on us to engage in the reconstruction of the architecture of the region, which is a requirement of the time because of the Russian aggression," Yuliia Sviridenko added.
For reference: in 2022, 3 Seas gave Ukraine the status of a partner participant.
