FACT SHEET: President Biden and G7 Leaders Formally Launch the Partnership for Global Infrastructure and Investment

JUNE 26, 2022•The White House STATEMENTS AND RELEASES

The Partnership for Global Infrastructure and Investment will deliver game-changing projects to close the infrastructure gap in developing countries, strengthen the global economy and supply chains, and advance U.S. national security 
 
President Biden will announce new flagship projects and lay out the Administration’s comprehensive effort to execute the Partnership for Global Infrastructure and Investment.

At the 2021 G7 Summit, President Biden and G7 leaders announced their intent to develop a values-driven, high-impact, and transparent infrastructure partnership to meet the enormous infrastructure needs of low- and middle-income countries and support the United States’ and its allies’ economic and national security interests. Over the past year, members of the Administration have traveled to hear directly from countries on how we can meet their infrastructure needs, deepened our coordination across the U.S Government and with the G7, honed our infrastructure investment tools, and closed game-changing deals.

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