The Global Gateway initiative was unveiled on December 1, 2021, as a strategy of the European Union (“EU”) to support sustainable infrastructure development around the world. The EU is planning to invest EUR 300 billion over five years. The European Commission pitched the Global Gateway as a template for how Europe aims to build more resilient connections across the globe. The Global Gateway is about increasing investment, promoting values and high standards, good governance and transparency, partnerships based on equality, green, clean, secure infrastructure, but also catalyzing and supporting private sector investment in new markets as part of the Global […]
Details
The European Union (“EU”) will launch a project called Global Gateway, European Commission (“EC”) President Ursula von der Leyen said during her latest State of the Union address. The project will aim to bring the EU closer to its partners worldwide. Besides revealing plans for the Global Gateway, the commissioner also announced her Western Balkans trip. The fact that the two topics were brought to light in the annual EU policy speech may mean that the Global Gateway could bring more investments from the EU to the region. Commenting on the project, Von der Leyen added that the bloc wants […]
Details