
U.S. President Joe Biden’s first trip abroad showcased America’s return to the world stage, where it is once more leading the vanguard of like-minded trans-Atlantic allies—tied together by shared values of democracy, human rights, and the rule of law. However, to say this was simply a “return to normal” is selling it short.
Following the G-7 meeting in the United Kingdom early in Biden’s trip, the White House announced an agreement to form the Build Back Better World partnership—or the B3W—which would leverage the G-7’s development finance tools in investments in low- and middle-income countries around the globe.