Today, Energy Secretary Rick Perry joined Secretary of State Michael Pompeo, Commerce Secretary Wilbur Ross, and other members of the Trump Administration at the Indo-Pacific Business Forum in Washington, D.C.to underscore America's commitment to strengthen economic engagement and energy security in the Indo-Pacific region.
Pompeo talked about the Trump administration's strategy for advancing a free and open Indo-Pacific, and why U.S. business engagement is at the centre of it-it's a staple of Washington's mission to promote peace, stability, and prosperity.
"These funds represent just a down payment on a new era in U.S. economic commitment to peace and prosperity in the Indo-Pacific region", he added.
The partnership is based on a memorandum of understanding to support investment in infrastructure in the Indo-Pacific region, signed between the Australian DFAT and US OPIC during Australian Prime Minister Malcolm Turnbull's Washington visit in February. "We thus have never and will never seek domination in the Indo-Pacific, and we will oppose any country that does".
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"The United States is committed to growing our presence in the region because we want Americans and all people of the Indo-Pacific to share in the economic growth of 2020, 2030, 2040, and beyond". "All would be making announcements or sharing key investment opportunities that they are advancing in the Indo-Pacific region", Biswal said. And while he spoke about leveraging these initiatives with United States allies and partners in the region, he said little about what Washington would pursue, with whom, and where. "We help American firms succeed so that local communities can flourish and bilateral partnerships can grow". Instead, he said that the government would play a minimal role in the initiatives, unlike China's plans, which are largely state-led.
He said it was first announced past year and the Secretary's core message is that free and open Indo-Pacific ties are good for the region, for America and business.
"It also establishes a new Indo-Pacific Transaction Advisory Fund to help partners access private legal and financial advisory services", he said. "We know that India is a very important market for the countries of Asia and we want to support that greater collaboration in the region", she said.
He launched new initiatives to accelerate U.S. private investment and support job-creating USA export opportunities in the areas of digital economy, infrastructure, and energy.
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These "were also official USA policy not long ago" because Trump's predecessor Barack Obama "personally decided so", she said. Corker also stressed that senators have "serious doubts" about the White House and how it conducts foreign policy.
"We work very closely with India ... and so the United States and India are working bilaterally, and we also do that in cooperation with other like-minded partners, especially Japan and Australia, Korea, to advance our shared vision of the Indo-Pacific", Hook added.
"Our Indo-Pacific vision excludes no nation", he said. Still, he frequently sought to frame USA companies as the better partners for countries seeking foreign investment.
Under this the United States will support communications infrastructure development through technical assistance and public-private partnerships; promote market-driven digital regulatory policies; and build partners' cybersecurity capacity to address common threats, he said.
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