Infrastructure diplomacy and strategic signalling within the Three Seas Initiative

ABSTRACT Different manifestations of infrastructure diplomacy have been used as a prime example of how major powers dissatisfied with their position in the international system have been using economic tools to pursue their national objectives. On the other hand, the status quo powers have attempted to counter these moves by implementing their own versions of infrastructure diplomacy. This article explores the said dynamics within the context of the Three Seas Initiative (TSI). Merging insights from international relations, international economics and strategic project management, this article interrogates how the heightened geopolitical competition spills over to regional economies through infrastructure diplomacy and major infrastructure projects and whether and how policymakers deploy economic tools in major infrastructure projects to promote geopolitical interests within the TSI. Our findings imply that while informal state-to-state signalling is a predecessor to corporate-to-corporate signalling, formal state-to-state signals also support corporate-to-corporate actions.