In December 2021 the European Union unveiled the Global Gateway. The programme focuses on global physical infrastructure needs to promote smart, clean and secure links in digital, energy and transport sectors and to strengthen health, education and research. It aims to channel €300 billion until 2027 through a range of development instruments including grants, guarantees and loans. Global Gateway, more than other infrastructure development projects, aspires to be values driven. It has important principles attached that the EU wants to champion in the increasingly fierce global competition for soft power: democratic values, high standards of governance and transparency, and equal partnerships.
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