In 2021, the European Commission and the EU High Representative launched the Global Gateway, a new European strategy to boost smart, clean and secure links in digital, energy and transport sectors, while also strengthening health, education and research systems across the world.
The GGIH connects European companies, EU Member States, financial institutions, and can involve partner country companies and authorities, to mobilise financial and non-financial support under the Global Gateway strategy.
This Communication outlines a strategic framework to ensure that private sector operations in developing countries have a positive impact on society – and particularly women, young people and the poor. It proposes 12 concrete actions in order to, for instance, improve regulatory business environments in partner countries, support business development and increase access to finance with a focus on micro, small and medium-sized businesses in the formal and informal sector, which play a particularly vital role in job creation.
