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DIHK Position Paper on EU Connectivity Initiative Global Gateway

How can the EU's "Global Gateway" initiative better engage the European private sector? In a September 2023 position paper, the German Chamber of Commerce and Industry (DIHK) proposes urgent measures for mobilizing private investments.

Global Gateway is the EU Commission's new geopolitical infrastructure and connectivity initiative. With this, the EU aims to respond to existing connectivity efforts of other global economic powers and to strategically and consistently direct its investments in energy, transport, digital, health, and educational cooperation.

The German economy supports Global Gateway as it aims to strengthen European external trade. The planned infrastructure expansion within this framework can lead to lasting improvements in trade flows, benefiting German and European companies. Additionally, more resilient relationships with third countries are promoted, access to new markets is facilitated, and global supply chain diversification is advanced.

Special Consideration for SMEs

The German economy clearly demands well-defined and accessible participation opportunities for companies. According to the Think-Small-First principle, small and medium-sized enterprises (SMEs) should be particularly considered. In this regard, the establishment of the Global Gateway Business Advisory Group, including stakeholders from the private sector, particularly from medium-sized businesses, should be supported. Looking ahead, the following aspects should be considered in the implementation of Global Gateway:

Six Recommendations from the DIHK

Relevant in topic:
Key areas:
  • Außenwirtschaft

Contact

20250207D8726

Katharina Wittke

Director for South and Southeast Asia, Pacific | Asia-Pacific Conference of German Business (APK)

Zwick, Sandra_quad

Sandra Zwick

Director European Policy and EU Foreign Trade Promotion