“Team Austria ensures that this strength translates into contracts, because each of these contracts secures value creation and jobs in Austria.” The EU’s Global Gateway Initiative: 400 Billion Euros to Counter China’s InfluenceThe EU’s Global Gateway Strategy is Europe’s counter-model to China’s “Belt and Road Initiative” (New Silk Road). Pilot Phase: Green Hydrogen & Southern Hydrogen CorridorDuring the pilot phase, which runs through the end of 2026, Team Austria is focusing on two core areas. One is renewable energy, including hydropower and green hydrogen, and the other is connectivity in the form of rail technology and rail infrastructure. The “Southern Hydrogen Corridor” (SoutH2 Corridor) (SoutH2 Corridor Initiative) is considered the first flagship project.