The EU-European Union has announced a huge investment plan of up to 300 billion euros in the public and private sectors, or 38 trillion yen in Japanese yen, to support infrastructure development outside the region.
"Each country needs better investment, separate from China," said Von der Leyen, who expressed his willingness to become an alternative to China's Belt and Road initiative. ..
The European Commission, the EU's executive body, will hold a press conference on the 1st with Chairman Von der Leyen, and by 2027, the public and private sectors will reach up to 300 billion euros and the Japanese yen will reach over 38 trillion yen to support infrastructure development outside the region. Announced investment plan.
The plan focuses on areas such as climate change control, digitization, transportation and health, and will invest in projects in line with efforts aimed at realizing a carbon-free society in the EU.
In addition, he emphasizes the rule of law in order to protect human rights and intellectual property rights, and Chairman Von der Leyen said, "A democratic value-based approach can meet both regional needs and global challenges. I want to show you. "
Also asked if it could be comparable to China's Belt and Road initiative, "Countries have experienced investment from China and need different, better offers. They are transparent to the EU. We know that we will not leave unpaid debt. This plan is an alternative. "