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Biden makes $150 million commitment to ASEAN leaders

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Biden makes $150 million commitment to ASEAN leaders

by News Wires
May 13, 2022
in World
US Commerce Secretary Gina Raimondo (center) addresses Southeast Asian leaders in Washington at a forum of the US-ASEAN Business Council.

US Commerce Secretary Gina Raimondo (center) addresses Southeast Asian leaders in Washington at a forum of the US-ASEAN Business Council.

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WASHINGTON – US President Joe Biden opened a gathering of Southeast Asian leaders with a promise to spend $150 million on their infrastructure, security, pandemic preparedness and other efforts.

On Thursday, Biden started a two-day summit with the 10-nation Association of Southeast Asian Nations (ASEAN) in Washington with a dinner for the leaders at the White House ahead of talks at the State Department on Friday.

Biden smiled broadly as he took a group photo on the South Lawn of the White House before the dinner with representatives from Brunei, Indonesia, Cambodia, Singapore, Thailand, Laos, Vietnam, Malaysia and the Philippines.

While Russia’s war in Ukraine is on the agenda, Biden’s administration hopes the efforts will show the countries that Washington remains focused on the Indo-Pacific and the long-term challenge of China, which it views at the country’s main competitor.

In November alone, China pledged $1.5 billion in development assistance to ASEAN countries over three years to fight COVID and fuel economic recovery.

“We need to step up our game in Southeast Asia,” a senior US administration official said according to Reuters.

“We are not asking countries to make a choice between the United States and China. We want to make clear, though, that the United States seeks stronger relationships.”

The new financial commitment includes a $40 million investment in infrastructure intended to help decarbonize the region’s power supply and $60 million in maritime security, as well as some $15 million in health funding to aid in early detection of COVID-19 and other respiratory pandemics, an official said.

Additional funding will help the countries develop digital economy and artificial intelligence laws.

Tags: ASEANJoe BidenSoutheast Asian leadersUSAWhite House

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