Development
BusinessEurope views the Global Gateway as a strong opportunity to help European companies build advanced, resilient and trusted infrastructure and enhance connectivity in developing countries, in line with their development needs and the EU’s strategic interests.
The strategy should focus on enhancing the EU’s “value proposition” by strengthening value chain integration in key sectors and engaging more effectively with global partners. Making the Global Gateway’s instruments work effectively for the private sector should be a priority now. This means centralising and enhancing access to information for firms, developing funding and blending tools that effectively mitigate risks, establishing effective consultation mechanisms between implementing partners and firms, and reviewing evaluation criteria for procurement to provide European firms with a more level playing field vis-à-vis their competitors.
As a member of the Global Gateway’s Business Advisory Group, BusinessEurope actively informs the Commission of business priorities and interests, ensuring that the strategy takes into account the needs of the private sector.
