Zelenskiy launches 'Carpathian Eight' initiative on trade, security

Zelenskiy Unveils 'Carpathian Eight' Group to Strengthen Trade, Security and Energy

Launch of the Carpathian Eight and Summit Highlights

Sept 18 (Reuters) - President Volodymyr Zelenskiy launched on Friday a new regional grouping of eight countries from the Carpathian region of central and eastern Europe, at a summit in Ukraine designed to promote trade and security cooperation.

At the meeting in western Ukraine, Zelenskiy thanked regional allies for keeping trade and transport links open following Russia's full-scale invasion in 2022.

Agreements and Economic Impact

In a comment summing up the outcome of the meeting, Zelenskiy said on Telegram that 50 agreements had been signed for a total value of more than €1 billion ($1.15 billion). He gave few details, but said more than half the accords dealt with energy, particularly solar and wind power.

Energy Cooperation and European Integration

"The Carpathians could become an energy supplier for the European Union, not just a transit region," Zelenskiy wrote. "And this directly supports Europe's goal of energy independence from Russia."

Member Countries and Attendees

The new grouping brings together Romania, Serbia, Poland, Slovakia, the Czech Republic, Austria, Hungary, and the European Union.

Polish Prime Minister Donald Tusk, Serbia's President Aleksandar Vucic and Romania's President Nicusor Dan attended the inaugural event, which is expected to last until Sunday.

Future Cooperation and Security Priorities

"This marks the start of a movement that should bring our countries even closer together and create another strong framework for cooperation at the EU level," Zelenskiy said on Telegram at the start of the meeting, citing the expansion of energy and logistics cooperation, cross-border trade and security.    

"Naturally, security issues are a priority right now and for the years ahead," Zelenskiy said in a speech.          

Business Forum and Sector Agreements

Close to 550 business representatives had been expected to attend the forum.

"It's a good start: energy, logistics, infrastructure and cross-sector agreements," he said in a speech transmitted on Ukrainian TV. ($1 = 0.8709 euros)

($1 = 0.8709 euros)

Reporting Credits

(Reporting by Anna Pruchnicka in Gdansk; Editing by Daniel Flynn, Toby Chopra and Ron Popeski)