The European Union has endorsed the Green Energy Park in Brazil as a priority project under the Global Gateway initiative, focusing on producing renewable hydrogen at a gigawatt scale. This transformative project aims to deepen industrial value chains in Brazil, enhancing the region's neo-industrialization drive and positioning it as a global leader in sustainable industries. The project also benefits Europe by enabling the production of green steel at competitive prices, establishing a Green Shipping Corridor to Mercosur countries, and reducing the green premium for industrial, transport, and power applications. Through collaborative efforts with Lithuania, Austria, Belgium, the Netherlands, and Germany, the project reinforces sustainable economic partnerships and contributes to the acceleration of the energy transition. The Green Energy Park endorsement signifies a significant opportunity for Europe and Brazil to foster prosperous cooperation and construct a sustainable green supply chain that aligns with the EU's policy priorities.