U.S. financial support for the Three Seas Initiativ e shows the White House remains committed to its security and economic engagements in Central and Eastern Europe, with an eye on countering China and Russia’s presence in the region. On Oct. 19, the United States announced that it will contribute $300 million to the Three Seas Initiative Investment Fund, which finances cross-border energy, transport and digital infrastructure projects in the regions between the Baltic, Black and Adriatic Seas, raising its capital base to over $1.3 billion. The Three Seas Initiative is a regional group that was created in 2015. Its members include Estonia, Latvia, Lithuania, Poland, Czechia, Slovakia, Hungary, Austria, Slovenia, Croatia, Bulgaria and Romania. Most of the members of the Three Seas Initiative are former communist countries that see membership in NATO and close security ties with the United States as a key part of their foreign policy.