Twenty Years of Baltic Cooperation
The parliamentary cooperation of the three Baltic States Estonia, Latvia and Lithuania, the foundations of which were laid by the establishing of the Baltic Assembly in 1991 in Tallinn, has in two decades undergone several changes.
The economic crisis that started during the last decade has noticeably influenced the Baltic cooperation. On the background of the crisis, the mutual interdependence of states and regions became especially clear. As the resources of each Baltic state alone for ensuring sustainable development are limited, the Baltic Assembly at that time concentrated first of all on shaping common monetary and fiscal policy as well as common policy for supporting business, and also developing of common energy market and joint projects connected with the use of renewable energy. In autumn 2011 it was unanimously decided to amend the Statutes of the Assembly so that the new principle for forming national delegations would connect the membership in a delegation with the membership in parliamentary committees. Also the priorities for 2012 were established, where it was decided to focus on the projects of regional importance that include all Baltic States and involve applying for joint financing from the EU structural funds.