Economic and Investment Plan of Eastern Partnership will allocate €17b for the Black Sea Strategic Submarine Electricity Cable between Georgia and the EU, which can contribute to mutual resilience and also allow to export green energy from the South Caucasus to Europe.

“It includes transport projects, eg. Railways ensuring Green lanes and reinforcing trade routes to the European Union; digital connectivity projects, eg. Fibre optic cable under the Black Sea electricity cable, eg. Georgia-European Union cable”, - tweeted Oliver Varhelyi, EU Commissioner for Neighbourhood and Enlargement.

Global Gateway is Europe’s offer for connecting the world with sustainable investments to boost smart, clean and secure links in digital, energy, transport and climate-relevant sectors and to strengthen health, education and research systems. It will help to tackle the most pressing global challenges, from fighting climate change, to improving health systems, and boosting the sustainability and security of global supply chains.