Partnership for Global Infrastructure and Investment

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Concept.png Partnership for Global Infrastructure and Investment 
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The Partnership for Global Infrastructure and Investment (PGII) is a collaborative effort by the Group of Seven countries to fund infrastructure projects in developing nations based on the trust principles of the Blue Dot Network.[1] The PGII is intended to be the G7's counter to China's Belt and Road Initiative and a key component of the "Biden Doctrine".[2]

The PGII re-brands the Build Back Better World (B3W) initiative, after difficulties were encountered in implementing the Biden administration's similarly named domestic legislative agenda.[3]

As of at least early 2024, few details of the PGII have been announced.


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References

  1. ↑ "Explained: What is the Blue Dot network, on the table during Trump visit to India"
  2. ↑ "Biden announced a $600 billion global infrastructure program to counter China's clout"
  3. ↑ "G7 leaders adopt ‘Build Back Better World’ plan to rival China’s belt and road strategy"
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