It is our pleasure to invite you to our latest Toolbox Talk:<\/p>\n
Global Gateway: A Game Changer for the EU\u00b4s Geopolitical Ambitions or Another Billion Euro Bluff?<\/strong><\/p>\n An online discussion with:<\/p>\n Reinhard B\u00fctikofer:<\/strong> Member of European Parliament, Group of the Greens\/European Free Alliance<\/p>\n Moritz Koch: <\/strong>Brussels Bureau Chief, Handelsblatt<\/p>\n David Ringrose: <\/strong>Service of Deputy Secretary General for economic and global issues, Global Agenda and Multilateral Relations, European External Action (GLOBAL.GI.2)<\/p>\n Alberto Rizzi: <\/strong>Visiting Fellow and Associate Researcher, European Council on Foreign Relations (ECFR), Rome<\/p>\n Moderator: Stefani Weiss:<\/strong> Senior Expert, Bertelsmann Stiftung<\/p>\n Wednesday, September 20, 2023\u202f <\/strong><\/p>\n 5:00 \u2013 6:00 pm CET\/11:00 \u2013 12:00 pm EST<\/strong><\/p>\n This event continues our online event series EU Strategic Toolbox <\/em>Talks. In our Toolbox Talks, we are focusing on existing and upcoming EU instruments aimed at managing critical dependencies and strengthening the EU\u2019s sovereignty and external economic governance. These instruments form an important basis for fostering the EU\u2019s capability to act in a global environment increasingly shaped by geopolitical tensions and systemic rivalries.<\/em><\/p>\n In the words of the EU Commission and the High Representative, Global Gateway is „a new European strategy to boost smart, clean and secure links in digital, energy and transport sectors and to strengthen health, education and research systems across the world.“<\/p>\n The strategy is poised to address the global investment gap in infrastructure projects, estimated by the EU at over \u20ac1,300 billion per year for the transition to a climate-neutral economy alone. It was launched on December 1, 2021, and a total of \u20ac300 billion has been made available so far in the EU budget 2021-2027, a good half of which is earmarked for projects in Africa.<\/p>\n As of March 2023, the Global Gateway has initiated more than 50 projects in Africa in the areas of digital, transportation, health, climate and energy, and education and research. In Latin America and the Caribbean, Global Gateway is involved in over 40 projects.<\/p>\n In the EU Neighborhood, seven projects are planned, which include the Eastern Mediterranean High Voltage Line between Europe and Africa running from Egypt to Greece (GREGY project), the Black Sea Connectivity submarine cable for exporting green electricity from the South Caucasus to the EU, and the Euro-Asia submarine cable for electricity interconnection between Greece, Cyprus and Israel.<\/p>\n The EU\u00b4s Global Gateway strategy is a reaction to the increasing political and economic influence that China has garnered through its Belt and Road Initiative (BRI), along with its expanding infrastructure investments, particularly in Africa.<\/p>\n With the strategy, the EU recognizes that, despite its substantial global trade, foreign direct investments, and development aid, which exceed those of China, it has neither achieved the aspired recognition as a global player, nor was it able to advance its interests, standards, and values to the desired extent.<\/p>\n To remedy this and give the EU more leverage and clout, the new strategy is being led under the \u201cTeam Europe\u201d approach, which involves the EU, the EU member states, EU financial institutions and the private sector.<\/p>\n In this discussion, we will address the following questions and topics:\u202f\u202f<\/strong><\/p>\n Register here.<\/strong><\/a><\/p>\n Read More on EU Global Strategies<\/strong><\/p>\n Before the G20 Summit in New Delhi: Can India Be an Economic Alternative to China? Yes and No.<\/a><\/p>\n Five Reasons Why the EU Needs a Strategic Trade Policy<\/a><\/p>\nRegister Here<\/strong><\/a><\/h3>\n
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