European Union’s Global Gateway can establish long-term benefits for people around the world. Analyse (200 Words)
Refer - The Hindu
Enrich the answer from other sources, if the question demands.
IAS Parliament 3 years
KEY POINTS
· European Union (EU) and India adopted the Connectivity Partnership, expanding our cooperation across the digital, energy, transport, and people-to-people sectors.
· With India, we already have a strong ongoing collaboration on sustainable infrastructure. For instance, the European Investment Bank (EIB) has financed over €4.31 billion in the country since 1993.
· EU and Brazil inaugurated a new fibre-optic cable to carry terabytes of data faster and more securely between our two continents.
· The cable starts in the EU, where the EU’s General Data Protection Regulation (GDPR) became the gold standard of data protection, and ends in Brazil, which recently introduced a similar law.
· EIB and the cooperation agencies of France, Spain and Germany joined the European Commission in Togo to identify projects to finance in the energy, transport and digital sectors.
· The Global Gateway will mobilise investments of more than €300 billion in public and private funds for global infrastructure development between 2021 and 2027, financing the climate and digital transition, as well as
· At heart, the Global Gateway is about demonstrating how democratic values offer certainty and fairness for investors, sustainability for partners and long-term benefits for people around the world. The EU and India can be leaders in this endeavour.
Susmitha T 3 years
Please review
IAS Parliament 3 years
Good attempt. Keep Writing.
chirag 3 years
Kindly evaluate my answer to this question Sir/Mam.
IAS Parliament 3 years
Avoid listing out points abd brin coherence in the answer. Keep Writing.
Rekha 3 years
Kindly review mam/sir
IAS Parliament 3 years
Avoid listing out points and ty to explain them. Keep Writing.
