Skip to main content

In a bid to counter China, US pledges $300 mn for security in Indo-Pacific



IANS | Singapore | Last Updated at August 04 2018 19:43 IST

Mike Pompeo | Photo: Reuters

US Secretary of State Mike Pompeo on Saturday announced a new $300 million fund for security cooperation in the Indo-Pacific region where Washington and Beijing are competing for influence.

"As part of our commitment to advancing regional security in the Indo-Pacific, the US is excited to announce $300 million of new funding to reinforce security cooperation throughout the entire region," Pompeo told a press briefing on the sidelines of a meeting of Foreign Ministers from the 10-member Association of Southeast Asian Nations (Asean) in Singapore.

The new security assistance is designed for maritime security, humanitarian assistance and peacekeeping capabilities, and countering transnational threats, Efe news reported.

–– ADVERTISEMENT ––

"This new security assistance will advance our priorities, especially strengthening maritime security, developing humanitarian assistance and peacekeeping capabilities," Pompeo said.

Earlier this week, the US said it will invest $113 million in technology, energy and infrastructure initiatives.

The top US official said that he discussed Chinese militarisation of the South China Sea and the importance of a rules-based order in the region with the Asean nations. He also highlighted US President Donald Trump's commitment to the Indo-Pacific strategy as a major engine for economic growth.

Regarding North Korea, Pompeo said pressure on Pyongyang should be maintained as concerns mount about the Kim Jong-un regime's willingness to denuclearise.

ALSO READ: Latest tariffs show China won't accept US trade 'blackmail': State media

He said he discussed with Chinese officials the US decision to maintain sanctions on North Korea. "We also talked about the importance of enforcing UN Security Council resolutions and they made clear their commitment to do that."

However, Pompeo said the US was confident North Korean denuclearisation would be implemented according to the accepted timeline.

ALSO READ: No end in sight for US, China trade war as tit-for-tat becomes the norm

The Asean meeting coincided with a bitter trade dispute between Washington and Beijing. Talking about the ongoing row, Pompeo said: "President Trump inherited an unfair trade regime where American workers in American companies are not treated reciprocally or fairly by the Chinese. Efforts of the Trump administration are to right that, to correct that, to adjust that."

Trump threatened to double tariffs on $200 billion of Chinese goods, while China said it would impose tariffs ranging from 5 to 25 per cent on $60 billion worth of American products.


https://www.business-standard.com/article/international/in-a-bid-to-counter-china-us-pledges-300-mn-for-security-in-indo-pacific-118080400508_1.html

Comments

Popular posts from this blog

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

China’s 'Digital Silk Road': Pitfalls Among High Hopes

https://thediplomat.com/2017/11/chinas-digital-silk-road-pitfalls-among-high-hopes/


Will information and communication technologies help China realize its Digital Silk Road?By Wenyuan WuNovember 03, 2017In his speech at the opening ceremony of China’s 19th Party Congress, President Xi Jinping depicted China as a model of scientific and harmonious development for developing nations. Xi’s China wants to engage the world through commerce but also through environmental protection and technological advancement. This includes Beijing’s efforts to fight climate change with information and communication technologies (ICTs) that it plans to export along its “One Belt One Road” initiative (OBOR). Xi may have ambitious plans, but could China be throwing up obstacles in its own way?In his speech, the Chinese president emphasized the need to modernize the country’s environmental protections. The Chinese state is taking an “ecological civilization” approach to development and diplomacy, with a natio…