WASHINGTON: US President Joe Biden on Wednesday announced that America would explore the development of the Indo-Pacific economic framework that would define the goals with its partners.
During the Annual Asia Summit (EAS), Biden discussed regional and international challenges, including Covid-19 pandemics and the climate crisis, read the White House statement.
He attended the leaders of ASEAN member countries and representatives from Australia, the People’s Republic of China (RRC), India, Japan, New Zealand, the Republic of Korea and Russia virtually.
According to the statement, President Biden reaffirmed the eternal US commitment to the Indo-Pacific and described his vision for the region, who was looking for an open, connected, prosperous, tough, and safe area.
President Biden also announced that the United States will explore with the development partner of the Indo-Pacific Economic Framework that will define “our shared goals around trade facilitation, standards for digital economics and technology, supply chain resilience, infrastructure, infrastructure, workers’ standards, and areas Another of the shared interest.
“Furthermore, the President also reaffirmed the US commitment to international rule-based orders and expressed concern over the threat to the command.
He explained that the United States will continue to stand with allies and partners in supporting democracy, human rights, legal supremacy, and sea freedom.