Vague Alternatives and G7 Summitry: The Build Back Better World Initiative

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Vague Alternatives and G7 Summitry: The Build Back Better World Initiative

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Written by Dr. Binoy Kampmark

Summits often feature grand statements and needless fripperies.  In Cornwall, the leaders of the G7 countries were trying to position and promote their relevance as the vanguard of democratic good sense and values.  They, the message went, remained relevant, valuable and essential to the order of the earth, despite challenges posed by the autocrats.

Never let contradiction get in the way of such a united front.  Babbling about liberal democratic values matters little when it comes to crusty realpolitik.  The UK and the US continue to supply armaments to their favourite theocracy, Saudi Arabia, even as they take issue with Russia and Chinese actions they deem aggressive, cruel or authoritarian.   Germany’s position on dealing with Russia remains distinct within the grouping, not least on the issue of energy politics and the Nord Stream 2 gas project.  Nor does the G7 necessarily share the same attitude in dealing with China, each having had its slant in coping with Beijing’s actions in recent years.

The China Syndrome has produced some form of united response at the summit.  Welcome, then, to the Build Back Better World (B3W) initiative.  This will entail, according to a White House factsheet, “a values-driven, high-standard, and transparent infrastructure partnership led by the major democracies to help narrow the $40+ trillion infrastructure need in the developing world, which has been exacerbated by the COVID-19 pandemic.”  The initiative will also involve “the G7 and other like-minded partners” coordinating and mobilising “private-sector capital in four areas of focus – climate, health and health security, digital technology, and gender equity and equality – with catalytic investments from our respective development finance institutions.”

A senior official in the Biden administration told Reuters that, “This is not just about confronting or taking on China.  But until now we haven’t offered a positive alternative that reflects our values, our standards and our way of doing business.”

Since 2013, President Xi Jinping’s multi-billion dollar Belt and Road Initiative (BRI) has niggled the sphere of influence watchers.  While the developed world went into something of an investment coma after the Great Recession of 2007-9, notably in developing economies, China took its wallet out.  Attached conditions to the investment would be few; questions about human rights, freedoms and business transparency would not be obstacles.  As this was happening, high-income states went into chatter mode while keeping their shut purses, formulating principles for quality infrastructure investments.

The BRI infrastructure program, currently featuring 2,600 projects, is China’s geopolitical bridge to developing states, linking Beijing through an assortment of road, maritime and rail projects.  These include the $100 billion China-Myanmar Economic Corridor, and the $62 billion China Pakistan Economic Corridor.  Over time, the initiative has moved into 5G technologies and fiberoptic networks.

The BRI initiative is also a way of jostling out countries long presumptuous about keeping their backyard free of competition.  (Australia, for instance, has shown alarm that its long standing position as Pacific bruiser and charity giver is facing dethroning.)  And it has worried recipient states initially warmed by Chinese offers of investment.  In 2016, Pakistani Senator Tahir Mashhadi, chairman of the Senate Standing Committee on Planning and Development, issued a warning.  “Another East India Company is in the offing; national interests are not being protected.  We are proud of the friendship between Pakistan and China, but the interests of the state should come first.”

The G7 states have been doing much head scratching as to how to rival and blunt the BRI.  In 2019, the Trump administration, along with Japan and Australia, suggested their own counter: the Blue Dot Network, the principles of which underpin B3W.  The BDN initiative seeks to promote “equality infrastructure investment that is open and inclusive, and transparent, economically viable, financially, environmentally sustainable and compliant with international standards, laws, and regulations.”  The inaugural meeting of the Blue Dot Network’s Executive Consultation Group took place on June 7.

While not specifically referencing the BDN (anything deemed worthy by President Donald Trump is to be assimilated rather than acknowledged), US President Joe Biden has been making regular sprays about, as he told reporters in March, establishing “a similar initiative coming from the democratic states, helping those communities around the world.”

In April, Biden and his Japanese counterpart, Prime Minister Yoshihide Suga, met to discuss “practical commitments” in establishing an alternative to BRI projects.  There was a special emphasis on promoting and protecting “the technologies that will maintain and sharpen our competitive edge” based on “democratic norms that we both share – norms set by democracies, not autocracies.”

Cornwall has become the site for similar assurances.  The B3W is all about, as the Biden administration claims, “offering a higher-quality choice”.  The choice will be offered “with self-confidence … that reflects our shared values”.  Kaush Arha, who worked as the US G7 sherpa for the Blue Dot Network in 2020, sees the way paved “for BDN to earn the endorsement of the G7” and feature at the 26th United Nations Climate Change Conference of the Parties in November.

The details of this new plan, for all its claims to transparency, remain opaque.  In the first place, it places strong emphasis on private sector contributions that are supposedly drawn in an open, accountable manner.  Robert Daly, director of the Wilson Centre’s Kissinger Institute on China and the United States asks the question “whether this is going to be actually new funding, new capacity to build infrastructure in the region, or is this a repurposing and repackaging of resources that are also available.”  Eventually, the participating powers will have to show the money.

Dr. Binoy Kampmark was a Commonwealth Scholar at Selwyn College, Cambridge.  He lectures at RMIT University, Melbourne.  Email: bkampmark@gmail.com

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Gay 7 is a joke

The Gay 7 is a joke in the new Eurasian world order.

G-7 are occupied PIMPS

The G (ay 7) is actually a collection of occupied pimps and subservient Americunt lapdogs and as China has accurately said they are just a collection of eunuchs. Germany, Japan, Italy, UK are all occupied by Americunt degenerate cowards, while pathetic racist poodle Canada is just a occupied vassal of the US. Canada does not even control its airports or borders, let alone have any say. Not one of these arsewipes is an independent country and is occupied by Americunt bases. They are toothless whores and China needs to continue on its economic progress and build alliances globally.

jens holm

Comic Ali was funny even with Amarican tanks in the background.

jens holm

GDP dont say that at all.

Arch Bungle

These are the same 7 Satans who tried to turn China into a nation of opium addicts.

Nobody in the South but their lackey Hindu Nationalists will follow their twisted vision

Binoy Kampmark is Gay

Walk of Holy Alliance started right now. 🤩🤗

King in Black

He lectures at RMIT University, Melbourne,so we have to believe every single word he writes. 😆😅

concrete mike

Nothing holy in working for transnational capitalism

Your outta your league chump, back to tee ball for you

jens holm

Gays are the best. they ahve time to make a lot of money and be taxed, and they make no children.

jens holm

The Gays probatly smell better from their behinds then You too.

yuri

China describes amerika as “sinister” and G7 as abnormal—for these decayed lice feeding off the rotten amerikan corpse—sinister is normal

Tommy Jensen

Exactly as I recommended. America is back in town, showing world leadership with One Blue One Dot OBOD.
We build the world back better while China is rolling backwards with their 1, 3 billion backwards, and Russia’s gas economy is sloping into tatters as the funny money dictatorship gas it always was.
If you can dream it, you can do it, and we did it again as America is and will always be, a winner nation of winners…………………………………LOL!

mauri

go on dreaming yank, the best condition for EURASIA, to handle with ignorants westeners!

tobi999

Tommy is just sarcastic….. he knows the truth….western society is fucked….the ship is sinking….but we still make party and play music…..we are the greatest…..the best….huhhhhh hahhhh huuu….the water is already on our mouth….but we still can breath…..so everything continues….

yuri

CIA idiot returns to SF after being released from rehab…US dead, g7 hilarious
china #1 , Russia #5 and growing,India, Brazil
US so impotent u feminized cowards produce zero, vast debt, negative balance of trade with every nation except LGBT San Francisco, shrinking fake economy. Russia–vast reserves, positive balance of trade w all nations…we sell automobiles in 40 nations…only a fool would by inferior US trash—never seen in Europe or latin America…you would know if you weren’t always in basement w LGBT black boyfriends

saoirse52

You’re either off your head on drugs or you’ve escaped from an asylum. America is a bankrupt cesspit full of psychopathic paedophiles, obese drugged up morons and amoral liars. Once its toilet paper currency collapses, it’s finished completely and the rest of the world, when they stop laughing, will finally breath a sigh of relief.

Bobby Twoshoes

Lol, show everyone we’re the leaders by following China. I wonder how the west is going to build infrastructure in third world countries when we can’t even maintain our own, we could hire a Chinese company to do it I guess.

Arch Bungle

If you’ve been around long enough you’d see history repeat itself:

comment image

… (only the paint job changes)

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Last edited 1 month ago by Arch Bungle
jens holm

History book were like that too. My Grandfather only learned turks were very religios, always very dirty but very good and brave soldiers.

They had sense of humor too. From a France Newspaper: If the Germans try hard to come through Our line, we should make a small gap for them and take them one by one.

Nice pich You have. I will find more next time its raining a lot.

Peter Jennings

I think the world has seen enough of the choice that’s been ‘offered’ by the US for the past century or more.

It’s a sad fact that very probably every country that ever existed has had some kind of fight with another over something. None have matched the US and nato in invasions, lives lost, or money spent, or propaganda employed.

We are living through the last days of the old guard. Western countries have wrecked their economies via flawed ideologies and financial corruption. They now have to fake the science, because the figures don’t add up.

You know how the old Poker saying goes….

KnowTheJew

The J7: Jew 7. 7 of the best Jew serving heads of state assisting the Jews’ plundering and destruction of the the 7 underlying countries and peoples.

jens holm

Compared to what You do, we work. Thats what pays off.

If true about the Jews, we love them too wherever the live among us.

Nice if You would give links for, where things are better. Jews dont eat pork as well and use more plates and do more dishing then muslims.

Hard times.

S Balu

G7 is parasite by nature
The build back better world is A HYPE TO FOOL THE INNOCENT
USA AND SO CALLED G7 HAD BEST CHANCE TO DO IT AFTER THE COLLAPSE OF USSR INSTEAD THEY INVADED COUNTRIES BASED ON LIES AND BROUGHT NOTHING BUT DEATH,DESTRUCTION ETC
ONLY INDIANS WOULD BUY IT AS THEY SUFFER INTENSE INFERIORITY COMPLEX

jens holm

It wasnt enough. The populations still grow there.

Monsantto must be the next God.

jens holm

“Vague” dont cover, whats important.

The G7 are now softly joined again after Trump is not there anymore.

They have to reagin trust. G7 very much about trust and handling those very big economies well for themself and maybee for the rest of the world too.

We see Bidens do it all over. He is now positive for replacing fossils for wind and solarpower. Even there is not much money by the state, his oppinions count.

saoirse52

It’s probably time for you to begin treatment, your inane ramblings are getting worse!

China Is Right

Everybody knows the ZOGs are the problem and the ZOGs do nothing other than flood niggers into their countries.