The Global Gateway

Author (Corporate) ,
Series Details JOIN (2021) 30
Publication Date 01/12/2021
Content Type

Summary:

Joint Communication adopted on 1 December 2021 by the European Commission and the EU's High Representative for Foreign and Security Policy, setting out the so-called Global Gateway strategy.

Further information:

This Strategy aims to boost smart, clean and secure links in digital, energy and transport and strengthen health, education and research systems across the world. It comprises the mobilisation of up to €300 billion in investments between 2021 and 2027 to underpin a lasting global recovery, taking into account interests from the European Union (EU) and its partners.

Global Gateway is about increasing investments promoting democratic values and high standards, good governance and transparency, equal partnerships, green and clean, secure infrastructures and that catalyse private sector investment. It draws on the financial instruments adopted under the Multiannual Financial Framework 2021-2027. The projects are meant to be developed and delivered through Team European Initiatives.

The Strategy was first announced by the President of the European Commission during the annual State of the European Union (SOTEU) address, and formally launched on 1 December 2021. A Global Gateway Investment Package was announced in February 2022, in the run-up to a summit between the EU and the African Union (AU).

Source Link https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=JOIN:2021:30:FIN
Related Links
Commentary and Analysis
Politico, 30/11/2021: EU makes late bid to rival China on the Silk Road https://www.politico.eu/article/eu-makes-late-bid-to-rival-china-on-the-silk-road/
RFE/RL, 30/11/2021: Global Gateway: Can The EU's Giant Infrastructure Plan Rival China's Belt And Road? https://www.rferl.org/a/eu-infrastructure-rival-china/31587365.html
Emerging Europe: News & Analysis, 01/12/2021: EU unveils Global Gateway, its alternative to China’s BRI https://emerging-europe.com/news/eu-unveils-global-gateway-its-alternative-to-chinas-bri/
E3G: Press Release, 01/12/2021: “Global Gateway”: the EU Green Deal goes global https://www.e3g.org/news/global-gateway-eu-green-deal-goes-global/
The Economist: Charlemagne, 01/12/2021: Why bullshit rules in Brussels https://www.economist.com/europe/why-bullshit-rules-in-brussels/21806565
EUObserver: Opinion, 01/12/2021: The EU's 'global gateway' - an answer to China, or a dead-end? https://euobserver.com/opinion/153678
France24: Analysis, 03/12/2021: With its ‘Global Gateway’, EU tries to compete with China’s Belt and Road Initiative https://www.france24.com/en/europe/20211203-with-its-global-gateway-eu-tries-to-compete-with-the-china-s-belt-and-road
Center for Global Development (CGD): Blog, 06/12/2021: The EU's Global Gateway Is Not a Groundbreaking Plan for Domination in Global Infrastructure https://www.cgdev.org/blog/eus-global-gateway-not-groundbreaking-plan-domination-global-infrastructure
ECDPM: Commentary, 06/12/2021: The EU’s Global Gateway: Groundbreaking initiative or smart rebranding? https://ecdpm.org/talking-points/eu-global-gateway-groundbreaking-initiative-smart-rebranding/
Bruegel: Blog, 07/12/2021: The Global Gateway: a real step towards a stronger Europe in the world? https://www.bruegel.org/2021/12/the-global-gateway-a-real-step-towards-a-stronger-europe-in-the-world/
Pinsent Masons: OUT-Law, 08/12/2021: EU launches major infrastructure investment strategy to underpin global recovery https://www.pinsentmasons.com/out-law/news/eu-launches-major-infrastructure-investment-strategy-to-underpin-global-recovery
French Institute of International Relations (IFRI): Videoconference, 15/12/2021: Global Gateway - the New European Silk Road? [via Youtube, ÖFZ CFA] https://www.youtube.com/watch?v=mIRBJPWkdEc
European Institute for Asian Studies (EIAS): Op-Ed, 20/12/2021: Stairway to Heaven or Highway to Hell? The EU’s Global Gateway and Expanding Economic Statecraft https://eias.org/publications/op-ed/stairway-to-heaven-or-highway-to-hell-the-eus-global-gateway-and-expanding-economic-statecraft/
EurActiv: Opinion, 12/01/2022: Global Gateway is a great start for Europe to lead on climate action in developing countries https://www.euractiv.com/section/climate-environment/opinion/global-gateway-is-a-great-start-for-europe-to-lead-on-climate-action-in-developing-countries/
London School of Economics (LSE): EUROPP Blog, 13/01/2022: Understanding China-EU relations in the context of the Belt and Road initiative https://blogs.lse.ac.uk/europpblog/2022/01/13/understanding-china-eu-relations-in-the-context-of-the-belt-and-road-initiative/
Elcano Royal Institute: Commentary, 09/02/2022: The Global Gateway: it’s not the money, it’s the strategy https://www.realinstitutoelcano.org/en/commentaries/the-global-gateway-its-not-the-money-its-the-strategy/
Deutsche Welle, 09/12/2021: Can the EU's global investment scheme rival China's Belt and Road? https://p.dw.com/p/442bG
Finnish Institute of International Affairs (FIIA): Working Paper, 15/02/2022: The EU's Global Gateway: Building connectivity as a policy https://www.fiia.fi/en/publication/the-eus-global-gateway
EurActiv: Opinion, 15/02/2022: Europe’s winning formula for spending €150 billion in Africa https://www.euractiv.com/section/africa/opinion/europes-winning-formula-for-spending-e150-billion-in-africa/
Clingendael: Articles, 23/02/2022: Global Gateway: Positioning Europe for a sustainable future https://www.clingendael.org/publication/global-gateway-positioning-europe-sustainable-future
Center for Strategic and International Studies (CSIS): Analysis, 28/02/2022: Global Gateway’s Infrastructure Plan for Africa Announced at EU-AU Summit https://www.csis.org/analysis/global-gateways-infrastructure-plan-africa-announced-eu-au-summit

News
Politico, 15/09/2021: EU launches ‘Global Gateway’ to counter China’s Belt and Road https://www.politico.eu/article/eu-launches-global-gateway-to-counter-chinas-belt-and-road/
Bloomberg, 30/11/2021: EU's 'Global Gateway' Infrastructure Push Offers Counter to China's 'Belt and Road' https://www.bloomberg.com/news/articles/2021-11-30/eu-eyes-300-billion-euro-infrastructure-push-to-challenge-china
Associated Press, 30/11/2021: EU set to unveil massive worldwide infrastructure plan https://apnews.com/article/business-europe-china-asia-european-union-ac9f2b1a3e53fdbced0d19aa78e6c670
Deutsche Welle, 01/12/2021: EU unveils 'Global Gateway' €300 billion global infrastructure plan https://p.dw.com/p/43h6H
The Guardian, 01/12/2021: EU launches €300bn fund to challenge China’s influence https://www.theguardian.com/business/2021/dec/01/eu-infrastructure-fund-challenge-china-global-influence-asia-africa-eastern-europe-gateway
Reuters, 01/12/2021: EU unveils 300 billion euro answer to China's Belt and Road https://www.reuters.com/markets/rates-bonds/eu-unveils-300-bln-euro-global-investment-scheme-2021-12-01/
Euronews, 01/12/2021: EU plans to raise €300 billion to counter China's infrastructure spending https://www.euronews.com/my-europe/2021/12/01/eu-plans-to-raise-300bn-to-counter-china-s-infrastructure-spending
BBC News, 01/12/2021: EU launches €300bn bid to challenge Chinese influence https://www.bbc.co.uk/news/world-europe-59473071
The Irish Times, 01/12/2021: EU unveils €300bn answer to China’s Belt and Road https://www.irishtimes.com/business/economy/eu-unveils-300bn-answer-to-china-s-belt-and-road-1.4744031
Deutsche Welle, 10/02/2022: EU reveals €150 billion investment plan for Africa https://p.dw.com/p/46p7Q
VOA News, 10/02/2022: EU Chief Announces $172 Billion Investment for Africa https://www.voanews.com/a/eu-chief-announces-172-million-investment-for-africa-/6435886.html
Reuters, 10/02/2022: EU earmarks 150 billion euros for investment in Africa https://www.reuters.com/world/africa/eu-earmarks-150-billion-euros-investment-africa-2022-02-10/
Politico, 15/02/2022: EU tempts Africa away from Chinese influence https://www.politico.eu/article/eu-tempts-africa-away-from-chinese-influence/

Official
European Commission: Priorities 2019-2024: Global Gateway https://ec.europa.eu/info/strategy/priorities-2019-2024/stronger-europe-world/global-gateway_en
European Commission: Press Release, 01/12/2021: Global Gateway: up to €300 billion for the European Union's strategy to boost sustainable links around the world https://ec.europa.eu/commission/presscorner/detail/en/ip_21_6433
European Commission: Questions and Answers on Global Gateway (1 December 2021) https://ec.europa.eu/commission/presscorner/detail/en/qanda_21_6434
European Commission: Statement by President von der Leyen on the Global Gateway (1 December 2021) https://ec.europa.eu/commission/presscorner/detail/en/statement_21_6522
European Commission: Global Gateway: EU-Africa: Global Gateway Investment Package https://ec.europa.eu/info/strategy/priorities-2019-2024/stronger-europe-world/global-gateway/eu-africa-global-gateway-investment-package_en
European Commission: Press Release, 11/04/2022: Global Gateway: President von der Leyen announces major event on 21-22 June https://ec.europa.eu/commission/presscorner/detail/en/IP_22_2393

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