October 28, 2021
2 mins read

US to develop Indo-Pacific economic framework

President Biden reaffirmed the enduring US commitment to the Indo-Pacific and outlined his vision for the region, which sought a region that is open, connected, prosperous, resilient, and secure….reports Asian Lite News

US President Joe Biden on Wednesday announced that America will explore the development of an Indo-Pacific economic framework that will define the shared objectives of its partners.

During the annual East Asia Summit (EAS), Biden discussed regional and international challenges, including the COVID-19 pandemic and the climate crisis, a White House statement read.

He attended leaders of the ASEAN member states and representatives from Australia, the People’s Republic of China (PRC), India, Japan, New Zealand, the Republic of Korea, and Russia virtually.

According to the statement, President Biden reaffirmed the enduring US commitment to the Indo-Pacific and outlined his vision for the region, which sought a region that is open, connected, prosperous, resilient, and secure.

President Biden also announced that the United States will explore with partners the development of an Indo-Pacific economic framework that will define “our shared objectives around trade facilitation, standards for the digital economy and technology, supply chain resiliency, decarbonization and clean energy, infrastructure, worker standards, and other areas of shared interest.”

Furthermore, the President also reiterated the US commitment to the international rules-based order and expressed concern over threats to that order. He made clear that the United States will continue to stand with allies and partners in support of democracy, human rights, rule of law, and freedom of the seas.

Putin urges closer anti-pandemic cooperation

Russian President Vladimir Putin has proposed the creation of a regional mechanism aimed at promoting closer cooperation against Covid-19 among countries of the Asia-Pacific region at the 16th East Asia Summit.

“We suggest that a regional mechanism for anti-pandemic collaboration be established under the aegis of the East Asia Summits, and we will shortly submit specific considerations on this score via the expert channels,” Putin said during his speech on Wednesday.

Among the Covid-19 response initiatives introduced by the president was a proposal to expand training opportunities for epidemiologists from ASEAN countries, reports Xinhua news agency.

“We advocate the development of a procedure for the mutual recognition of vaccination certificates,” Putin said, adding that such a mechanism is necessary to ensure the free movement of citizens across the Asia-Pacific region.

“I would like to note that Russia is seeking to make a real contribution to efforts aimed at ensuring free and non-discriminatory access to vaccines against Covid-19 for citizens of all states,” he said.

Alongside anti-coronavirus cooperation, the Russian leader discussed economic relations and prospects for collaboration in the tourism sector.

He also pointed to the importance of joint efforts aimed at tackling climate change, including through coordinated approaches with regard to innovative solutions to decarbonization, and the development of low-emission industries.

The 16th East Asia Summit, which was chaired by Brunei, was held in the format of a video conference. (ANI/IANS)

ALSO READ: ‘Close to Sputnik moment’: Chinese missile test upsets US

Previous Story

Abu Dhabi Festival presents Uncle Naji

Next Story

Canadian street named after Indian-born doctor

Latest from -Top News

India, US Step Up Trade Talks

The development comes in the backdrop of the new US ambassador Sergio Gor taking charge in the US embassy is New Delhi….reports Asian Lite News India and the United States are progressing

Lanka Marks Next Phase of Indian Housing Drive

Phases III and IV of the Indian Housing Project highlight India’s commitment to supporting and empowering Sri Lanka’s Indian-origin Tamil community….reports Asian Lite News Sri Lankan President Anura Kumara Dissanayake on Sunday

China’s Grab for Africa

China’s investments aim to strengthen its geopolitical influence and its high-tech manufacturing sector in Africa…reports Asian Lute News China is further consolidating its dominance in the rare earth elements sector by expanding

Pakistan Courts in Peril

The question now is whether Pakistan’s courts can continue to function as guardians of the law, or whether they will be reduced to instruments of control…reports Asian Lite News Pakistan judiciary’s independence
Go toTop

Don't Miss

Decision to release 2 Indian fishermen in Lankan custody on Nov 1

The two fishermen hail from Kottaipattanam and Pudukottai in Tamil

Bumrah Tops, Hazlewood, Lyon Follow

The Aussie duo shared 14 wickets between them in Australia’s