Development
BusinessEurope views the Global Gateway as a strong opportunity to help European companies build advanced, resilient and trusted infrastructure and 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 reduce risks, establishing effective consultation mechanisms between implementing partners and firms, and reviewing evaluation criteria for procurement to allow European firms a more level playing field with their competitors.
As a member of the Global Gateway’s Business Advisory Group, BusinessEurope actively informs the Commission on business priorities and interests ensuring that the strategy takes into account the needs of the private sector.
