President Ursula Gertrud von der Leyen is, a German politician and physician who has been President of the European Commission, was in Morocco yesterday in order to promote the Global Gateway of Europe.
Global Gateway is a €300 billion project created by the European Union in order to boost their economy, smart, clean and secure links in digital, energy and transport. It strengthens health, education & research systems across world.
This week I will be in Morocco 🇲🇦 and Senegal 🇸🇳
Both our continents need this partnership. It is time to reinforce it.
— Ursula von der Leyen (@vonderleyen) February 8, 2022
It stands for sustainable & trusted connections that work for people and the planet to tackle the most pressing global challenges, from climate change and protecting the environment to improving health security and boosting competitiveness and global supply chains.
President of the EU Commission, ‘Ursula von der Leyen’, said: “COVID-19 has shown how interconnected the world we live in is. As part of global recovery, we want to redesign how we connect globe to build forward better.
The European model is all about investing in hard and soft infrastructure, sustainable investments in digital, climate & energy, transport, health, education and research, and an enabling environment guaranteeing a level playing field. We will sustain smart investments in quality infrastructure, respecting the highest social and environmental standards, in line with EU’s democratic values and international norms & standards. The Gateway Strategy is a template for how Europe can build more resilient connections with the world.”
Global Gateway will bring together the EU, Member States with their financial & development institutions, including the the European Bank for Reconstruction and Development (EBRD) and European Investment Bank (EIB), seek to mobilise the private sector in order to leverage investments for a transformational impact. The European Union Delegations around the world, working with Team Europe on the ground, will play a key role to identify and coordinating Global Gateway projects in partner countries.
🤝 Connecting Africa and Europe, with #GlobalGateway.
Together, we can build a more prosperous, more peaceful and more sustainable future for all.
— European Commission (@EU_Commission) February 8, 2022
The European Union will offer not only solid financial conditions for partners, bringing grants, favourable loans, and budgetary guarantees to de-risk investments and improve debt sustainability – but also promote the highest environmental, social and strategic management standards.
Global Gateway will invest in international stability, cooperation and demonstrate how democratic values offer certainty and fairness for investors, sustainability for partners and long-term benefits for people around the world.