The U.S. Investment Imperative in Southeast Europe and Eurasia
Southeastern Europe and Eurasia have emerged as critical fronts in the battle for energy security and geopolitical influence.
“American policymakers must recognize that investing in the region’s energy infrastructure is not just economic diplomacy,” says Palladium Managing Director Llyr Rowlands, “but a strategic necessity to counter malign Russian and Chinese influence.”
Rowlands is the author of a recent brief, “Securing Europe’s Energy Future: The U.S. Investment Imperative in Southeast Europe and Eurasia,” which makes the case for the U.S. to offer an alternative by becoming the partner of choice for energy investment.
“Investing in these regions isn’t charity,” Rowlands contends. “It’s a win-win that advances U.S. economic interests.” Indeed, many Southeast European and Eurasian counties urgently need modern energy infrastructure, from gas pipelines and LNG terminals to electricity grids and nuclear reactors, and they’re seeking partners. “By stepping in with capital and expertise, the U.S. can lock in long-term economic opportunities for American companies while helping allies.”
The brief explores recent U.S.-linked investments and initiatives in the region, as well as highlighting the opportunities in liquefied natural gas and the “centerpiece of tomorrow’s strategy,” Ukraine.
According to Rowlands, this is an era in which energy security is national security, and initiatives that deploy American capital and technology abroad deliver a double dividend: “they make our allies stronger and create economic value at home.”
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