President Arévalo meets with European Union Global Gateway representatives

The Global Gateway opens its doors, creates connections, and brings investment for sustainable development to Guatemala.

by Pamela Contreras
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Guatemala City, by Brenda Larios -AGN-. President Bernardo Arévalo met with the authorities of the Global Gateway of the European Union to attract foreign investment to the country.

The EU stated on its social media account, “An excellent exchange with President Bernardo Arévalo to work, investing in public-private partnerships for the sustainable management of the Río Motagua, infrastructure, and connectivity, creating an integral value chain.”

During the meeting, the Global Gateway opens its doors, creates connections, and brings investment for sustainable development to Guatemala.

About Global Gateway

The Global Gateway stands for sustainable and trusted connections that work for people and the planet. It helps to tackle the most pressing global challenges, from fighting climate change to improving health systems and boosting the competitiveness and security of global supply chains.

The European Commission and the EU High Representative created the Global Gateway, a new European strategy to boost smart, clean, and secure digital, energy, and transport links to boost health, education, and research systems worldwide.

Cooperation

Team Europe will invest up to €300 billion in high-quality, sustainable projects between 2021 and 2027, considering the needs of partner countries and ensuring lasting benefits for local communities.

This initiative will help EU partners develop their economies and societies and create opportunities for the private sector in EU member states to invest and remain competitive.

This strategy aligns with the commitment made by G7 leaders in June 2021 to launch a transparent, value-based, high-level infrastructure partnership to meet global infrastructure development needs.

The Global Gateway is also fully compliant with the United Nations 2030 Agenda, its Sustainable Development Goals, and the Paris Agreement.

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