Secretary Pompeo Pledges $1 Billion for European Energy

Secretary of State Pompeo
Remarks given at Munich Security Conference

Secretary of State Mike Pompeo traveled to Europe over the weekend to attend the Munich Security Conference. During his speech, Secretary Pompeo said, “today I want to announce that through the International Development Finance Corporation, and with the support of our United States Congress, we intend to provide up to $1 billion in financing to Central and Eastern European countries of the Three Seas Initiative.”

This initiative seeks to build dialogue between Central and Eastern European nations on a variety of topics including energy production, defense spending, and trade. The Secretary also pushed for NATO member nations to contribute more to the treaty’s benchmark 2% of GDP on defense spending to better match America’s 3.42% spending. 

As the Lord Leads, Pray with Us…

  • That God would keep the Secretary safe in his travels.
  • That Secretary Pompeo would be given what he needs to be an effective leader of the State Department.
  • For the efforts of the State Department to grow a more stable NATO.

Sources: The Hill, Politico


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