NEW YORK -- U.S. President Joe Biden's administration, along with the governments of Japan and Australia, is reviving an infrastructure initiative that would provide emerging markets an alternative to China's Belt and Road initiative.
After a prolonged period of inactivity, the Blue Dot Network -- first announced during President Donald Trump's administration -- kicked off talks among stakeholders in Paris on Monday. The meeting and the launch of an executive consultation group was convened by the Organization for Economic Cooperation and Development and funded by Washington and Canberra.