“Investments in the digital, health, climate, energy and transport sectors, as well as in education and research, will be a priority”, states the Commission note.
This plan – seen as an alternative to the strategy of the so-called “new silk routes” promoted by China – was presented by the Commission as a model of respect for the Rights humans.
“We want projects that are implemented with a high level of transparency, good governance and quality,” said the president of the European Commission, Ursula von der Leyen, at a press conference.
China launched its global investment strategy for the “New Silk Roads” in 2013, a flagship project of Chinese President Xi Jinping.
That strategy aims to develop land and sea infrastructure to better connect China with Asia, Europe and Africa. For this, Beijing has already committed about 140,000 million dollars (about 124,000 million euros) of investments, according to its official data.
However, Western countries see this plan as a tool to expand China’s influence over developing countries, and accuse Beijing of inciting those countries to over-indebtedness and non-transparent tenders.
In addition, Western countries are suspicious of corrupt practices and denounce violations of human, social and environmental rights.
The European strategy presented on Wednesday hinges on a plan by the G7 countries to offer developing countries an alternative to the Chinese strategy.
In his last State of the Union address on September 15, Von der Leyen announced the launch of the strategy called Global Gateway.
“We are very good at financing routes. But it does not make sense for Europe to build a perfect route between a Chinese-owned copper mine and a Chinese-owned port. We have to be smarter with these kinds of investments,” he said at that time. chance.
Source From: Ambito
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