The USGLC welcomes the Administration’s launch this weekend, along with the commitment of our G7 allies, of the Partnership for Global Infrastructure and Investment to advance America’s economic and security interests and address rising competition and spiraling global challenges. This smart initiative provides the United States a path to tackle the enormous infrastructure gap in low-and middle-income countries and keeps America’s economic interests competitive, with an eye towards China’s Belt and Road Initiative.

We are particularly pleased to see the United States commit to mobilize $200 billion in capital over the next five years, working in partnership with the private sector. Together, with the G7, this $600 billion commitment will focus on energy security, technology infrastructure, heath system investments and gender equality, and will not only pay dividends in opportunity for millions around the world, but it will also advance the interests of American families here at home. We look forward to working with the Administration and Congressional leaders to move this worthy proposal forward in the coming months.