G7 countries launch new partnership to strengthen global economy

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.

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G7 countries launch new partnership to strengthen global economy © The Strategist

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.

source: cnn.com

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