The US is preparing to invest in five to ten infrastructure schemes in the country in January. These will be huge projects, which will be ready in different parts of the world. They aim to cut down on China's Belt and Road Initiative (BRI). America has planned with the most powerful G7 countries to respond to China.
A delegation led by President Joe Biden's deputy national security adviser Dalip Singh has identified ten projects, which will be in Senegal and Ghana, after several country visits, a senior US government official said. Officials are scouting for the project under the 'Build for a Better World (B3W)' initiative by G7 Group.
G7 launched B3W in June. Under the plan, such projects are to be selected in developing countries by 2035, on which 40 trillion dollars (about Rs 2960 lakh crore) should be made available.
China has so far invested Rs 3.5 lakh crore on its project
China's Belt and Road Initiative was launched by President Xi Jinping in 2013. According to the Observer Research Foundation, through this, China wants to connect Asia, Africa, and Europe by land and sea. Under this, it has started many infrastructure schemes like railway tracks to ports in different countries.
More than 60 countries have signed up showing interest in BRI projects. So far that China has invested 3.5 lakh crores. According to Morgan Stanley, China will spend Rs 96 lakh crore by 2027.
Mission: US team will reach Asia by December
According to reports, the American team has gone to Ecuador, Panama, and Colombia. Last week the team went to Ghana and Senegal. The US official, without naming any country, said that before the end of the year, the delegation would also visit several Asian countries.
Answer: Like China, there is no condition of seizure of airport or port.
The plan can be approved in the meeting of G-7 countries going to be held in December so that investment can start in January. US officials have said that in their plan they will not put any such condition which can be used to seize ports or airports etc.
Purpose: To give financial options to China's debt-ridden countries
The purpose of B3W is to provide an alternative to China's debt. In this, under financial assistance to developing countries, equity stake, loan guarantee, political insurance, grants, climate, health, digital development, technical expertise to decide gender equality, etc. will be given options.
AQI reached 336 due to increase in pollution, OPD up to 1500
AQI had reached 300 till 03 days ago, the dust rising on the roads is also increasing the trouble
Corona Vaccine: DCGI approves to launch Covax in the market, expert committee recommends
The Drug Controller General of India (DCGI) has approved the COVID-19 vaccine Covax to be marketed as a heterologous booster dose for adults. Covax can be given to adults who have been given two doses
'Please don't do this', Sonu Nigam was stoned, and students started throwing bottles and stones at the singer during the concert.
Music world's veteran singer Sonu Nigam often comes into limelight for some reason or the other. Along with his songs, many times his concerts are also in the news. Recently, during a concert, the
Children younger than 12 years will not get the vaccine: New guidelines for Kovid vaccination will come soon; Children with serious illnesses exempted from the rule
The Union Health Ministry has decided that children below 12 years of age will not be given the corona vaccine. However, no order has been issued in this regard yet. According to sources, this
India-England fifth test from today: India can change 90 years of history, but has not won in Birmingham for 55 years, Bumrah captain for the first time
The last match of the five-Test series between India and England will start today at the Edgbaston Stadium in Birmingham. Four Tests of this series were played last year. Then the fifth match in
GIS 2023: 15 thousand crore investment proposal received from Sweden, will also invest in Film City
Industrial Development Minister Nand Gopal Gupta Nandi and PWD Minister Jitin Prasad, who went to Sweden for a roadshow, have received investment proposals worth more than 15 thousand crores in
Janhvi remembered Sridevi while giving a house tour: Said- Mother never allowed to lock the bathroom
Janhvi Kapoor recently gave fans a house tour of her Chennai home. During this, he shared all the memories related to the house with his fans. Janhvi told during this time that when her mother Sridevi
'PAK-IND final can never happen...' Shoaib Akhtar expressed regret over Pakistan's exit from Asia Cup
In the knock-out match of Asia Cup 2023, Sri Lanka defeated Pakistan and knocked them out of the race for the final. Shoaib Akhtar has given a big boost after Pakistan team's exit from the Asia Cup
Who will form the government in Haryana and Jammu and Kashmir? People will decide today; the first trend at 8 am.
All the questions related to which party will form the government in Haryana and Jammu and Kashmir and who will wear the crown of Chief Minister will be answered on Tuesday. The results of the
Anushka Sharma-Virat Kohli's daughter Vamika got this special gift hamper on her birthday, cute photos went viral
Anushka Sharma and Virat Kohli are one of Bollywood's favorite couples. Fans like their pairing, their mutual understanding, and the way they keep having fun with each other. A few days ago, the
