Relevant Competitive Tests:
Name the project recently planned by European Union to counter China’s Belt and Road Initiative?
A. West Gateway
B. Asia Gateway
C. Europe Gateway
D. Global GatewayCorrect Answer
Correct Option: D. Global Gateway
Detailed Explanation & Reference:
The plan, known as the Global Gateway, promises to mobilise up to €300 billion (US$340 billion) between 2021 and 2027 for modern infrastructure projects outside the EU, covering items such as fibre optic cables, clean transport corridors and clean power transmission.
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