The EU’s answer to global connectivity came just months after the US had proposed, during the G7 summit, the Build Back Better World (B3W) initiative, which focuses on “climate, health and health security, digital technology, and gender equity and equality.” As in the case of the Global Gateway, the aim of the project is to create an alternative to the BRI by promoting a “values-driven, high-standard, and transparent infrastructure partnership.”
While B3W wants to create an alternative to the Chinese BRI, it seems to have remained just an American strategy linked too much to the persona of Joe Biden, that may not be fully embraced by other G7 countries, which did not even agree on including its full name in the G7 communique.
The B3W, in turn, was preceded by the Blue Dot Network. Proposed by the US, Japan and Australia in 2019, the project imagined a multilateral initiative aimed at encouraging private companies to invest in infrastructure by providing certifications to those projects that respect high standards of transparency, sustainability and environmental impact.
For the moment, neither initiative has undertaken concrete steps in helping developing countries, beyond creating the image of competition with the BRI. While B3W is a very new proposal which has not had enough time to prove what it is capable of, the Blue Dot Network has already shown that it is not much more than just a buzzword.
This happened because it is very hard to motivate companies to take part in a competition where they do not have much to gain. Investing in infrastructure in developing economies is not so much about big profits, but about improving lives.
Yet, the US or the EU are not alone in the quest to emulate the BRI. Japan is well-known for its connectivity strategies that came long before the Chinese initiative.
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This article has been published by Andreea Brinza in China Observers in Central and Eastern Europe (CHOICE). You can read the full article on the CHOICE website.