WASHINGTON, D.C. — U.S. Chamber of Commerce Executive Vice President and Head of International Affairs Myron Brilliant issued the following statement today regarding the G7 leaders official launch of the Partnership for Global Infrastructure and Investment:
“We welcome the announcement by G7 leaders to officially launch a Partnership for Global Infrastructure and Investment to mobilize much needed support for critical infrastructure needs in developing countries, including up to $200 billion in U.S. financing.”
“Creating attractive financing options for building resilient infrastructure and investing in healthcare systems, energy security, clean energy infrastructure, and digital connectivity, while strengthening gender inclusion, will help low and middle-income countries stand up to the economic headwinds they have been facing.
“The U.S. Chamber and our members believe that scaling up public financing and promoting investor friendly policies in emerging economies will increase investor confidence and leverage private financing to help bridge the infrastructure gap and fuel economic growth. We look forward to working with the Biden Administration and our G7 partners to advance this initiative.”