Former Italian Prime Minister and former head of the ECB Mario Draghi may take the position of special representative to promote the strategy of the European Global Gateway, according to an article by Handelsblatt.
“EU wants to use Draghi to compete with ChinaAccording to a German newspaper, the EU wants to appoint 75-year-old Mario Draghi as a special envoy to promote the “Global Gate” strategy, which, according to Politico, is the European response to China’s “One Belt, One Road” initiative.
“The European Commission and the EU High Representative have defined the Global Gateway, a new European strategy to promote smart, clean and secure connectivity across the digital, energy and transport sectors, and to strengthen healthcare, education and research systems worldwide. The EU is strengthening its offer to its partners with significant investments in infrastructure development around the world (…) it is mobilizing investments of up to 300 billion euros in the following sectors: digital technologies, climate and energy, transport, health, education and research,” reads the message. as reported on the official website of the European Commission.
According to Handelsblatt, Politico
Source: Kathimerini
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