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Europe’s Global Gateway needs more than just money

Brussels’ response to China’s Belt and Road Initiative (BRI) is still in its infancy. By mid-2022, however, the EU Commission wants to propose concrete projects for its global infrastructure strategy Global Gateway. Brussels sees the involvement of the private sector as a “unique competitive advantage” here. “Global Gateway must make full use of it in order to be a viable and attractive alternative for partner countries” according to the official joint communication. What this will look like in practice is still open. Equally unclear are the details of the Business Advisory Group, which is planned as part of Global Gateway. Other aspects of the initiative also still need to be specified.

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