U.S. Eyes January Rollout Of First Projects To Counter China's Belt And Road -Official

U.S. Eyes January Rollout Of First Projects To Counter China's Belt And Road -Official

Andrew H. Sweet

The official said that a U.S. delegation led by President Joe Biden's Deputy National Security Adviser Daleep Singh identified at least ten promising projects in Senegal and Ghana during visits last week.

A U.S. delegation visited Ecuador, Panama, and Colombia during a similar tour in September. Another will visit Asia before year-end, the official said, without naming any specific Asian countries.

The official said that the United States will offer developing countries "the full range" of U.S. financial tools, including equity stakes, loan guarantees, political insurance, grants, and technical expertise to focus on climate, health, digital technology, and gender equality.

Officials in Senegal and Ghana welcomed U.S. assurances that, unlike China, the United States would not require non-disclosure agreements or collateral agreements that could result in later seizure of ports or airports.

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