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Integration between Estonia, Latvia and Lithuania in the wider context

Integration between Estonia, Latvia and Lithuania in the wider context. Prof. Erik Terk Tallinn University Estonian Institute for Futures Studies. Authors:. Ramunas Vilpiśauskas Veiko Spolitis Erik Terk. B-3 as an integration area? Preconditions for B-3 integration

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Integration between Estonia, Latvia and Lithuania in the wider context

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  1. Integration between Estonia, Latvia and Lithuania in the wider context Prof. Erik Terk Tallinn University Estonian Institute for Futures Studies

  2. Authors: • Ramunas Vilpiśauskas • Veiko Spolitis • Erik Terk

  3. B-3 as an integration area? • Preconditions for B-3 integration • Possible integration scenarios

  4. The future of the Baltic Sea strategy? Different variants • Assumption about inclusion of North-West Russia into cooperation pattern. Possible, if EU is strong and foreign policies of EU member states better coordinated

  5. Main fields of interest: • a) joint infrastructural projects: energy and transportation; • b) business level cooperation, investments, pan-Baltic companies • c) cooperation in the field of higher education

  6. Which type of trade? • Which type of pan-Baltic companies? • Traditional pBc versus modern international high-tech companies

  7. Firstscenario. Threelevelintegration: a coherent Baltic Sea regionin a cooperativeEurope • Secondscenario.Theconter-projectofNordiccountries. TheNordic-Balticintegrationintheresponseofthe EU crises • Thirdscenario.Theconter-projectof 3 smallnations

  8. First (“good weather”) scenario • Good preconditions for common infrastructural projects, but joint solutions are needed • Very advanterous for Lithunia • Strong business expasion, but cooperation between 3B companies and intra-industrial trade is still uncertain

  9. Second (Nordic-centric) scenario • No euro perspective for Latvia and Lithuania • No direct European- gauge Rail-Baltica • State-level Nordic-Baltic negotiations very important • Common aim: not to be just the Nordic periphery

  10. Third scenario: Baltic unity in an uncertain World • The same bad preconditios, big joint infrastructural projects not realistic. • But there are cheaper cooperation opportunities available. Cross-border cooperation of SMEs, tourism coop etc • Strong cooperation motivation: “last resort”

  11. Some messages: • EU financing is one of the key elements of B-3 integration; • Good cooperation between B-3 is needed not to loose these opportunities, • Modernisation of economic structures in B-3 is the key; • Baltic Sea cooperation is giving better institutional bases to negotiate about it

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