Belt and Road Initiative, an infrastructure development plan that Washington claims has burdened countries with unsustainable debt.
“At a time when others are driving an approach to infrastructure projects and developing economies in which overseas companies import their labour, extract resources, fail to consult with communities, end up driving countries into debt, we’re here today because we’re championing a different approach,” Blinken said. “Rather than race to the bottom, we together, with like-minded government, private sector, and civil society partners, we want to spark a race to the top for quality, sustainable infrastructure around the world.”
