EU fixes projects for Global South as rival to China

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EU fixes projects for Global South as rival to China
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EU fixes projects for Global South as rival to China

BRUSSELS - The European Union concluded a two-day forum on Thursday designed to woo the Global South with 3 billion euros of signed investments in infrastructure, digital and climate projects as an alternative to China's rival scheme.

Partnerships sealed during the two-day forum included one with Mauritania on green hydrogen and with Uzbekistan and Zambia on critical raw materials. EU officials say the Global Gateway ensures local communities benefit from infrastructure projects and promotes high social and environmental standards.

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