The Strategist

G7 countries launch new partnership to strengthen global economy

06/27/2022 - 15:52

The G7 nations are establishing a new international infrastructure and investment partnership with the goal of bolstering the world economy and supply chain, according to an announcement from the US administration.

Christos DOGAS via flickr
Christos DOGAS via flickr
The global infrastructure and investment partnership will implement ground-breaking projects to close infrastructure gaps in developing countries, strengthen the global economy and supply chain, and advance U.S. national security interests, the message reads. 

In the very near future, a formal statement regarding the start of the program is anticipated from the White House and other G7 community leaders.

According to the government, the United States would invest $600 billion, along with its G7 partners, in the development of global infrastructure until 2027.