One year ago today, the @EU_Commission published the #GlobalGateway Strategy for the #IndoPacific . Until 2027, a total of 300 billion Euros have been mobilised for this programme.
🐦🔗: https://n.respublicae.eu/davidmcallister/status/1598326406827712514
The rationale behind this initiative is clear: the world needs major #infrastructure investments and the EU will support third countries build sustainable infrastructure, establish secure supply chains and grow economically.
🐦🔗: https://n.respublicae.eu/davidmcallister/status/1598326408752889856
Until last year, EU action in this field was fragmented, undertaken both at EU and national level. The Global Gateway Initiative reduces this fragmentation and increases the coherence of the EU’s external action.
🐦🔗: https://n.respublicae.eu/davidmcallister/status/1598326410698964992
Now, the Global Gateway Initiative needs an effective governance structure to ensure democratic ownership with meaningful participation of a broad range of stakeholders, including the @europarl_en !
🐦🔗: https://n.respublicae.eu/davidmcallister/status/1598326412733202433