Strengthening Security and Economic Cooperation with Baltic Countries
This act aims to enhance the security and economic ties between the United States and Estonia, Latvia, and Lithuania. It means increased support for the defense of these countries, including against cyber and hybrid threats, which can contribute to regional stability. Additionally, the act seeks to improve trade and investment cooperation, potentially opening new economic opportunities.
Key points
Increased financial support for Baltic countries' security (USD 60 million for the State Department and USD 250 million for the Department of Defense annually until 2027).
Strengthening defenses against hybrid and cyber threats, which can improve overall regional security.
Developing economic and trade cooperation, including identifying new investment opportunities for U.S. businesses.
Supporting regional initiatives like the Three Seas Initiative to develop transport, energy, and digital infrastructures.
Expired
Additional Information
Print number: 117_S_3950
Sponsor: Sen. Durbin, Richard J. [D-IL]
Process start date: 2022-03-29