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Foreign Minister Paet in Riga: We Must Use Crises and Come Out Stronger

23.10.2009

At the foreign and security policy conference that took place in Riga today, Foreign Minister Urmas Paet emphasised that the strategic position of Northern European nations in the world is better now than it ever has been earlier. “Our common challenge is to co-operate closely and come out the global crisis stronger than we were before,” said Paet.

Paet mentioned that Estonia and the Baltic nations are participating, for the first time in history, in the formulation of a new NATO strategic concept through their common representative. “Estonia’s strategic feeling of security has not wavered due to the economic crisis. For example, we are actively participating in the formulation of NATO’s new strategic concept,” said Paet. “In addition, we will soon be joining the Organisation for Economic Co-operation and Development (OECD) and we are close to meeting the Maastricht criteria and joining the euro-zone,” he asserted.

Paet emphasised that energy security issues are strategically important to all nations in the Northern European region. “There is no doubt that in the interest of future energy security, we must make an effort to unite the Nordic and Baltic energy markets and work out the necessary infrastructure,” Paet noted. “One factor that would facilitate the common energy market is the completion of the Estlink 2 connection between Estonia and Finland,” he added.

Paet stressed that the anticipated approval of the Strategy for the Baltic Sea States in the European Council this week give the nations in the Baltic Sea region an excellent starting point for even more focused and co-ordinated co-operation. “In a changing world, we must adapt to new challenges in order to ensure economic development, social well-being, and security. Now is exactly the right time to set future goals and be open to finding new opportunities and taking advantage of them,” said Paet.

During the Riga conference, there was a panel focused on strategic reassurance in Northern Europe that included Estonian Foreign Minister Urmas Paet and Latvian Foreign Minister Maris Riekstins, Luxembourgish Foreign Minister Jean Asselborn, acting director of the Brussels branch of the German Marshall Fund Ronald Asmus, senior analyst of the Swedish Defence Research Agency Rober Daisjö, and senior researcher of the Danish Institute for International Studies Pertti L. Joenniemi.

The high-level international conference in Riga entitled “Economic Recovery in a Changing Security Environment: Transatlantic Agenda 2010” is taking place for the fourth time and is this time focusing on regional economic development and issues related to the effects of a changing security environment.

Additional information on the conference: http://www.rigaconference.lv/.


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