tv [untitled] December 2, 2021 8:30pm-9:01pm AST
8:30 pm
but in fact, the substances that i use are just stimulants. some a trying to lift the burden of that association. the tie, power, lifting, federation, markets itself as a drug, free sports environment. and with the blood, sweat, and tears that go into training. many don't want to compete with cheats. that's why you would seek out, you know, kind of, let's say an organization or a sport or variation that does have high value on the anti doping. because you want that level plainfield back at the thunder dome mon tongue united have taken a commanding lead, but it'll be some time before the tie. national team was able to give its fans and a thing to chair that tony ching al jazeera banker. ah, hello again. the headlines on al jazeera, several countries are stepping up measures to fight a surgeon corona virus infections. u. s. president joe biden will soon unveil his
8:31 pm
winter plan to tackle the virus. germany has become the latest impose restrictions on unvaccinated people. dominic cane has more from berlin. what this decision lou has been announced here in berlin in the globe course of the last few hours represents, is a calculated targeted measure against the millions of people. millions of adults at least, who are unvaccinated, and have chosen not to take the vaccine despite its ready availability and free availability for the lion's share of this calendar year. so very soon, all those people who cannot prove that they have either been vaccinated or of recovered from the virus recently will be denied access to very many public places. public events right across the country. you are sector is dead, anthony blink, and says he's warned russia of serious consequences if moscow invades ukraine. his russian can heart surgery. libre says moscow wants to garret once
8:32 pm
a guarantee ukraine won't be allowed to join nato. iran has submitted to draft proposals to european powers, negotiating the revival of the 2015 nuclear geo. it's the 7th round of talks in vienna aimed at returning your on, on the u. s. to the deal, the un says it fears ethiopia could descend into secretary and violence that could fracture the country. the un humanitarian chief is warning, the growing instability there could see a repeat of the key arctic exit is from of gone on in august. you are gone, is increasing its deployment of troops in the neighboring democratic republic of congo to fight an armed group called the allied democratic forces. uganda blames the adf for 3 suicide bombings and its capital. just last month, the news hour is at the top of the hour right here on al jazeera up next is inside story. thanks for watching by. ah.
8:33 pm
an attempt to rival china's belt and wound initiative e u unveils a major global infrastructure plan. the goal to invest in developing countries and boost trade links with the rest of the world. but why the interest now? and can the book competes with a jing? this is inside story. ah hello and welcome to the program. i'm how am i here? dean? it's been described as a road map for major investments and infrastructure world wise. the european
8:34 pm
union's global gateway strategy is seen as a challenge to china's belt and roads initiative. the plan to raise $314000000000.00 to finance infrastructure it before chris own transports health education and digital and climate projects. in asia, africa, the middle east and latin american, they, you as china's biggest trading partner and the projects would allow it to promote its geopolitical influence. beijing has extended its own reach during the 8 years since it launched its own initiative, or the belts and roads program was launched in 2013. it's president cd pings signature project to connect china. so the rest of the world aging as an thing, more than $800000000000.00 in over $13000.00 projects, $165.00 countries in return, china gets access to the wrong materials. it needs to few its growth. but critics
8:35 pm
say the initiative has pushed many countries deeply into debt. well, the european commission president says the book will be a trusted partner and will provide high quality projects. we want to take a different approach. we want to show that a democratic value driven approach can deliver on the most pressing challenges, we want to show that it can on one hand meets no local needs. but also on the other hand, to tackle the global challenges we have. and thus, in a way also of course, benefit the european union. ah, well, let's bring in our guests vin i've chosen and is the director of the african program at the carnegie endowment for international peace in washington, d. c. and brussels. we're joined by louisa santos,
8:36 pm
the deputy director general at business europe. that's a lobbying group representing businesses in europe. and victor guy is the vice president of the sensor for china and globalization, and he joins us from beijing warm welcome to all of you on this initiative. inside story, let's start in europe, louise the sun. so was your reaction? see the launch of the global gateway. what are your initial impressions? good afternoon, everyone. well, i impression is positive. we see this as a strategic approach from europe and new way of relationship with this main trading partners. but also we did neighbors developing countries. it's also a way of your show that it as a model, an economic model, but also a political model. death is an alternative to others that exist that including
8:37 pm
about and we can issue it's also very important for us because it includes, apart from the public finance and the public sector, an important role for the private sector. i mean, the money that we are talking about will come a lot from companies. so companies need also to relating to the projects. and from our perspective, it is a very good initiative and one that was long over due. let's not forget your piece already. the largest donor in the world, the largest 3rd. what we are doing now is trying to have a more strategic approach and more team europe approach, trying to prioritize different initiatives and putting them on their common umbrella, the global gateway. well, that's the perspective then from team europe, st. bisman. what are your thoughts about this proposal?
8:38 pm
it seems that from the business community in europe, it seems to be warm the received. how do you think developing nations are likely to view this potential extra sources of investment? so i think it's generally all them initiatives that are finally there. european union in europe more broadly is now thinking about infrastructure invested in public services in developing countries, as is from the perspective of africa. because for a long time, this has been a major priority for african countries that they were in need. and still, i need all investment in infrastructure and public services to be able to power the economic transformation to converge with the rest of the world to be able to diversify their economies, which in africa 8, it has 8 of the walls, 15 least diversified economies. and the,
8:39 pm
or gas minerals and i, the culture goes in these, the incomes of people. so this is, this is a certainly welcome. but i think there's also a lot of a lot of african countries are kind of a in a weighted mood because are, you know, there are, there are 3 things that perhaps a lot of law i'm looking out for number one, whether this initiative is going to try to respond to african priorities as defined by africans themselves around jobs and infrastructure. but also around, very, very, very recently around 1000 vaccines are all pharmaceuticals, you know, the european union and, and maybe you can countries have not supported the initiative about the wanted organization to have a temporary i q waiver on technology, around the $90.00 in production but also around elicit financial flows,
8:40 pm
which actually drain resources from africa up to $90000000.00 per adult, whether the continent receives in development assistance. and whether, you know, this new initiative is going to actually build on the competitive advantage that europe passed around as measured pharmaceuticals. and vaccines little's around technology and knowledge transfer. and perhaps the final thing is that a lot of african countries are waiting to see is whether this initiatives, response african priorities in a way that doesn't force africa to engage in this view. world war phenomenon that we see plain out in the rest of the world. and but do you think verve the alternative to, to the initials proposed by the european union and also by the us. the main alternative would be the chinese belt and rude initiative. do you think that's response to african priorities?
8:41 pm
so what is it, what is the very interesting with chinese engagement in africa? ah, you know, which kind of accelerates ed for were on the year 2000 and which eventually became subsumed under the builder good initiative of 2013 is that's, you know, the way china has a new approach. this engagement is that they come with an explicit transaction that they once resources and at ease, at the beginning, it was really around obtaining a natural resources, oil, minerals, or tim by agriculture products to power after china's double digit economic growth at the time. right? so it was usually at the time a very explicit transaction that they wanted. what chinese entities anyways, wanted these resources and an exchange they were willing to invest in, ah, at least some of the priorities that african countries that identified around the
8:42 pm
structure. and i'll give you some are striking statistics, you know, which were published at just about a week ago before the start of the forum on china, africa corporation just for let's 2 days ago. so from the year 2000, 22020, over this 20 year period. china helped african countries build more than 30000 kilometers of roads and railway, more than 80 large scale, our facilities funded over 130 medical facilities, et cetera, et cetera. but at the same time, at, sorry to jump in there. but at the same time and, and i don't want to stay on this too long at the same time, africa is still getting quite a lot in terms of aids, in terms of trades from europe and the united states. and so it is the figures to cut both ways, but i do want to bring in victor, go who is joining us from beijing or this evening. victor with her that european
8:43 pm
business is very keen to just to get involved in the a, the game of for bridging this infrastructure gap. this is something that china has been doing with the belt and root initiative. since 2013 does china welcome this or competition, shall we say, or is china is somewhat intimidated that the no longer the 3rd. the lens are that that countries will go to get to get these big infrastructure projects done. well 1st of all, if the global gateway is truly meant for building up connectivity and infrastructure in developing countries, including african countries, them all, the better is not only are come, it's not competition. it is very much welcomed, not only by china, but by all the receiving countries. however, if you listen to president her of on the layers,
8:44 pm
speech about the global gateway there, you need to worry about it because i hope global gateway is not going to be part of your sized and used for ideological agenda. and the, if competition does happen, we all welcome ads and we hope it will be competition on equal terms rather than on political agenda or by politicizing such infrastructure and connectivity. we all know all african hunters in particular suffer from colonialism for several 100 years. and when the british colonists left africa infrastructure was in shamble, and many african cultures are not connected with each other. and they need to fly to european capitals for transit back to african capitals. so it is a shame and everyone you do pitching to build up connectivity in africa as well as in other parts of the world. so from the chinese perspective, we're woke up generally investments infrastructure and connectivity. louisa santa
8:45 pm
us, a from business, a euro. we have heard there that about china. welcome to the competition. been dead is, is weary of the political under tunes of this. do you see political undertones in the global gateway initiative? no, i think it's clear that the model is different from the chinese model. a global gateway is based on inclusiveness is based on transparency is based on reciprocity, but definitely maybe these principles are not totally in line with china wants, but i mean, i think that and we always been very clear also as, as, as business, we have already infrastructure in place that was billed under the belt and go the initiative. i think it doesn't make sense to create parallel initiatives.
8:46 pm
when we have already infrastructure there, it makes sense that we create connections. but of course, if we do this and if we do this under the global gateway with european money, we need to do it with european rules. and i think these are a p and rules based, for instance, for sustainable development, the respect of social rights, the respect of our environmental rights of climate change. if we do, under these conditions, i don't see why we should not cooperate. but he's very clear that these conditions have to be met to make sure that we can call greg. and let me come back to the african question. i mean, europe and i repeat, europe is the largest owner and investor in africa and around the world. so we're just trying to use and you to a new instrument to gather all the resources that are already being invested by europe, european companies, and european governments, and try to bring in and
8:47 pm
a one umbrella with a common objective. and these objective is to be when, when we don't want these to be only something that serves european industries, interests, or own european companies, we want also to cooperate with local governments and local business of post. you said it was quite interesting what you said there and said louise santos were aimed at bringing together an existing trade in existing projects. how much if this is going to be new money the, the headline figure of course, is $300000000000.00 euros of investments over the next 6 years or so. but how much of this is actually new? we have new facilities now and most of what will be new will be money brought by actually the private sector and some of the financial institutions
8:48 pm
that will be there in that will be also associated to their 2 day shipping. and there is also an important component is the idea will be also to bring very a lot of national projects because we have also development banks at national level that are quite important in some countries. and the idea is also to bring these together. so this is going to be the new part on what we see in terms of resources . but i think that the final financial envelope will depend a lot on also the viability of the projects. and if the projects are viable and they make sense from a business, by the view, of course, much more money will be gathered from the private sector as well as it is a not bisman, as we've heard that the ethos behind the awarding of money for
8:49 pm
projects and someone will be very much based on europe's rules, under rules of transparency and, and so on and so forth. where's the incentive for countries to, to pump for the european funding model rather than say, the chinese model which may not have such stringent requirements. so, so this is, this is a very interesting point, and this is why i said, i think a lot of african countries, policy makers and scholars alike they, i know we didn't seem to right now because, i mean my, my colleague, the spinal mentions that europe, europe, is the largest do not i forget which is actually true. i think the thing though, is that, you know, this is why the, the issue of african brightest white important because for a long time, some african leaders and scholars have been saying that were african needs not just
8:50 pm
donor funding is not just development assistance. that is good and that is needed, particularly in parts of the continent that i owe him serious, severe crisis. what african countries need is actually meaningful economic engagement. so it is a welcome initiative, this a gateway. and if we can try to make that development assistance that provides even better respond to these priorities around jobs creation around the provision of infrastructure, then i think that is really, really going to work. and then the final thing out mention of this point is that you know, this, this issue of trying to crowd in private investments with a private sector. i think, i think a lot of work will have to go into that. because traditionally we find is that the private sector, particularly in europe, tends to be quite hesitant to engage or invest in africa because of this perception of risk. so whether this initiative this to europe,
8:51 pm
european global gateway initiative, the risk african market can help prepare a pipeline or bankable projects for the private sector to invest in. i think that might be a key determinant. so i think a lot of us are kind of in a week and see how this is actually going to happen. and speaking of risk, a victor in beijing over the last last 8 years or so. the belts and roads initiative has been underway. china has taken on a significance level of risk because it not with the investments. it's maids. does china see that risk is paying off? because there are countries who have struggled to pay back the debts and the sums of money that they have, they've taken on in terms of chinese finance. so i just trying to view that.
8:52 pm
thank you very much. i think you are reason a very important question from the chinese perspective. we have several conclusions . one is that cooperation with african countries should not be just based on donor assistance because that will not really help to build up national capacity in many african countries. secondly, if you're purely use commercial terms and commercial structure, then it will not work to because many of the company is, will find the investment tom's too long to do because profit, the ability to so for example, and they probably will not be committed to many of these projects, especially infrastructure projects, so you need to really innovate to come up with a model that will suit the set was this is a different african countries, but also to make sure that you really contribute to connectivity and infrastructure . absolutely, i'm not sure of africa here. victor,
8:53 pm
i'm also thinking of the railway projects and low the, the ports in sri lanka where china has had some of those significant that's paid off by 100 year long leases and the country is selling off the family jewels in order to service. so that's the china recognize that it's lens and practices, perhaps needs to change somewhat. well, 1st of all, loans are always a very important part of the financing package for most of the infrastructure and connectivity projects. so don't single out as long as if debt itself is evil. if you're talking about debt, do know who borrows most of the money from china? it is not any country africa or even at the america or usa is the united states government? yes. why? and i think as a sale, i don't if it's cool in my not to the chinese, the therapist that you need to come up with a via all commercial structure to make sure that the infrastructure projects will
8:54 pm
be done. well, let's take that risk and, and see how it applies a back to that, the global gateway initiative, luis desantos and the we've highlighted the fact that private companies certainly in europe are going to be a big part of this project id. think being under this umbrella is going to incentivize more countries to, to start reinvesting, if you like, in developing nations. i think his important part of me to get him risky is important, especially if you want to convince them more small and medium sized companies also to be part of these projects. and we know that in certain regions of what i'm including in europe, they f a nice are an important partner and even important peeler from an economic point of view. so the projects of the global gateway foresees the export credit
8:55 pm
system. so awfully that we'll be a mitigation of the risk and also the fact that we are and that is one of the objectives that for business is very important that we really prioritize projects. and that we really look at projects for the have a strategic interest. see in terms of development and economic development. and this way we can kind of like the resources for the most viable and strategic projects. i think this will be ways and tools to, to mitigate, to mitigate the risk and coming back again to, to, to the importance of having it can now make development. i think the you recognizes that development ad is not enough and it's not really leading to sustainable grow. so we need to change the priority. and i think this is one of the reasons why the
8:56 pm
us come up now. we at the global gateway structure. ok. zayna is that we're on the side of time, so i'll leave the last words to you. i understand it's very much a wait and see how this project is going to unfold. but if you think at this stage is likely to benefit most from the, this new global gateway. so i, i think nothing is cost. and so a lot depends on what approach and how, how, how european countries actually make this make this work on the ground. in reality, i locked it ends on the extent to which others gateway initiative is actually informed by the needs of parties. all these developing countries around,
8:57 pm
in the case of africa, created jobs for the $1315000000.00 people joined the labor market every single year. around a clunky, the infrastructure financing gap around a $100000000000.00 a year around. and there wasn't, li, are providing financing for adaptation to climate change to that, you know, around $50000000000.00. will this respond to these needs set and identify the paradise by african countries? i think that is very much something that will determine how this goes and the ability of african countries themselves to kind of put their own needs on the agenda. and i'm afraid we are out of time. but thank you to all our guests. they now bozeman luis desantos, and of course, joining us and paging victor go and thank you to for watching. remember, you can see the program again any time by visiting our websites, al jazeera dot com. and for further discussion,
8:58 pm
just heads or facebook page that's at facebook dot com forward slash ha, inside story. you can also join the conversation on twitter. handle is a j inside story. so for me and the whole team is fine tonight. ah, with a kenyan sumani, i fear the buck lush ethnic somalis had long been the target of intimidation and
8:59 pm
9:00 pm
the philippines is biting to restore by induct said, i got the quote equally the night and the wrong one. i wanna investigate on al jazeera. ah, this is al jazeera oh ah, they are watching the news are live for my headquarters and i'm getting i will be coming up in the next 60 minutes, germany bars, unvaccinated people from shops on leisure events in a bit to contain a dramatic rise in corona virus cases covered 900 confirmed for nearly one and 4 people tested in south africa as health experts investigate the dangers of the new army kron variance. while in the u.
22 Views
Uploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=1667627216)