Carbis Bay, United Kingdom:
G7 leaders on Saturday launched a plan to help build infrastructure in poorer nations, offering a “values-driven, high-standard and transparent” partnership in opposition to China’s Belt and Road Initiative.
The adoption of the US-inspired “Build Back Better World” (B3W) project came after President Joe Biden and leaders met to address “strategic competition with China and commit to concrete actions to help meet the tremendous infrastructure need in low- and middle-income countries”, the White House said.
With inputs from NDTV
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