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Belt and Road

EU to rival China's Belt and Road with overseas infrastructure plan

27-nation bloc to focus on digital connectivity in the Indo-Pacific region

GLASGOW, Scotland -- The European Union will soon announce a new overseas infrastructure investment framework to compete with China's Belt and Road Initiative.

The "Global Gateway" will emphasize sustainability and the EU's values to strengthen ties with partners. In the Indo-Pacific, the framework is set to focus on digital connectivity as the 27-nation bloc looks to increase engagement with the region.

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