The European Union has unveiled a series of multi-million-dollar deals under its Global Gateway program, aiming to provide an alternative to China's Belt and Road Initiative.
The European Union has announced a raft of multimillion dollar deals at a forum for its Global Gateway program, the bloc’s new infrastructure partnership plan that’s seen as an alternative to China’s worldwide Belt and Road Initiative BRI. The first Global Gateway Forum kicked off in Brussels on October 25 and featured 90 top government representatives from more than 20 countries, including 40 leaders and ministers mostly from across the Global South.
6 million grant provided to Moldova to build new rail lines, a new agreement to support Turkmenistan’s entry into the World Trade Organization, and a 30-million-euro $31.6 million investment to advance vocational education and training in Tajikistan. Tajik Foreign Minister Sirojiddin Muhriddin also led a delegation to Brussels that pitched the Central Asian country’s hydropower sector to investors as part of a broader green energy transition for the region.
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