The BRICS group wrapped up its two-day leaders’ summit in Rio de Janeiro on Monday. The summit’s final communique is a 16,000-word doorstop that covers numerous issues from economics to education.
The communique avoids any direct mention of the United States, and references to “unilateralism” and other coded criticism are also relatively scarce. Rather, the communique keeps the focus on the BRICS’ vision of the strengthening and reform of the global multilateral system ...
Tag: Global Gateway
Related Posts
Nigeria Backtracks Solar Import Ban Amid China’s Supply Dominance
Nigeria recently floated, and then quickly walked back, a proposed ban on imported solar panels, most of which come from China. The about-face came just a month after the initial announcement, stirring familiar concerns about policy volatility in Nigeria and across Africa. But beneath ...
Is Europe Facing a “Lost Decade” Across the Global South?
By Lukas Fiala With Europe scrambling to adjust to a world in rapid transition, two key events will shape the continent’s ability to sustain competition with China across the Global South. The first was exemplified by Germany’s election last Sunday, which ...
USAID’s Closure Threatens to Derail U.S. Involvement in the Lobito Corridor
U.S. participation in the Lobito Corridor project that aims to challenge China's dominance of African critical resource supply chains is now in jeopardy due to the Trump administration's decision this month to shut down the U.S. Agency for International Development (USAID). ...
With Angola Trip, Biden Fulfills His Promise to Visit Sub-Saharan Africa
By Aurélia End Outgoing U.S. President Joe Biden is headed to the southern African country of Angola this week, fulfilling a key promise in a bid to shore up ties with the continent. Biden, who ...
Global Gateway in Africa: Europe’s Answer to China’s Belt and Road
The European Commission's Global Gateway initiative will turn three years old in December. The $300 billion infrastructure initiative was launched with great fanfare to provide developing countries in Africa and elsewhere with an alternative to China's Belt and Road Initiative.
Analysis from Cobus van Staden
Beyond the Belt and Road? What’s next for the EU in Latin America
Last year, the European Union renewed its economic and strategic interest in Latin America by announcing investments of EUR 45 billion (USD 48.7 billion), seen by many as a way to regain influence in the face of China’s growing presence in the region.
A New Vision for European Engagement in Africa (Beyond Confronting China)
Europe is Africa's largest trading partner and its largest source of foreign direct investment. But a lot of that economic engagement is powered by inertia, left over from Europe's long, painful history of colonial exploitation in Africa.
WEEK IN REVIEW: Pakistani Prime Minister Shehbaz Sharif Will Visit China Next Month
Pakistani Prime Minister Shehbaz Sharif will visit China next month in a bid to "restore confidence" following a series of terrorist attacks against Chinese interests in the South Asia country. Sharif will try to reassure officials in Beijing that the development of the $65 billion China-Pakistan Economic Corridor remains ...
Author Jeremy Garlick on China’s Strategic Advantage in the Global South
U.S. and European officials often lament that they've fallen behind China when it comes to engaging Africa, Asia, the Americas, and other developing regions. Western governments aren't set up to rapidly deploy the kind of money and resources that Beijing's done ...
WEEK IN REVIEW: Argentina’s President-Elect Javier Milei Begins Pivot Toward the U.S. And Away From Beijing
Argentina's president-elect Javier Milei met with U.S. officials in Washington as he begins to pivot toward the U.S. and away from Beijing. While campaigning, the radical libertarian said he would downgrade ties with China, which he called “an assassin.” (REUTERS) Chinese Foreign ...
What the Past Tells Us About the Future of the BRI
There's a widely-held perception in many parts of the U.S., Europe, and India that debt and geopolitics have led to the demise of China's Belt and Road Initiative (BRI). But a landmark new study from AidData proves otherwise, revealing not only ...
New Report Tracks Major Developments in Chinese Lending
China’s Belt and Road Initiative is evolving rapidly to take on debt, reputational, and ESG challenges that affected its first decade. This is one of the findings of a landmark report from AidData, a research institute at the College of William and ...