Two weeks before its pivotal presidential election, the United States pledged up to one billion euros to the Three Seas Initiative (3SI). 

What many people are now wondering, however, is will the initiative be equally important to the Joe Biden administration? Is it of strategic importance to the United States?

And what is the future of the Three Seas Initiative now that a dedicated commercially-managed investment fund has been launched? Will it include other countries, like Ukraine? Will it compete with the European Union, especially now that Poland, the main country behind the initiative, has vetoed the EU budget, which could cause a serious crisis in the EU. Why is the EU less interested in the Three Seas Initiative?

In the latest episode of Emerging Europe Talks, Thibault Muzergues, Europe programme director at the International Republican Institute, discusses the initiative from both an American and European perspective.