Quartet invests $50 billion in Indo-Pacific infrastructure

The Quartet consisting of the US, Japan, India and Australia announced plans to invest at least $50 billion in infrastructure in the Indo-Pacific.

“In the infrastructure sector, we announced that we aim to invest more than $50 billion over the next five years to support projects in the Indo-Pacific region,” said Japanese Prime Minister Fumio Kishida. spoke after the Quad summit in Tokyo today.

Attending the conference were leaders of four countries in the group, including US President Joe Biden, Indian Prime Minister Narendra Modi, new Australian Prime Minister Anthony Albanese, and Mr. Kishida.

In a joint statement issued after the meeting, the four leaders also mentioned investment plans in the Indo-Pacific.

“We are committed to working closely with our partners and the region to drive investment in the public and private sectors to bridge the gap. To this end, the Quad will seek to widen more than 50 billion dollars. USD supports infrastructure and investment in the Indo-Pacific over the next five years,” the statement said.

From left to right: Australian Prime Minister Anthony Albanese, US President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi attend the Quad summit in Tokyo on May 24.  Photo: Reuters.

From left to right: Australian Prime Minister Anthony Albanese, US President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi attend the Quad summit in Tokyo on May 24. Image: Reuters.

Regarding the situation in Ukraine, the Japanese Prime Minister said that Russia’s military campaign “is shaking the basic principles of international order”.

“We affirm that unilateral efforts to change the status quo by force will never be tolerated anywhere, especially in the Indo-Pacific region,” Kishida said.

India is the only member of the group that refuses to publicly criticize Moscow for its military campaign in Ukraine. Prime Minister Modi did not mention Ukraine, Russia or China in his opening speech.

India has developed a close relationship with the US in recent years and is an important part of the Quartet, but also has a longstanding relationship with Russia, a major supplier of defense equipment and a major source of oil. for New Delhi. India abstained in the UN Security Council votes on the Russian campaign.

A US official said President Biden, who is holding talks with Prime Minister Modi today, will seek common ground, stressing the importance of a face-to-face meeting.

“It is true that there are some differences between the Quartet members. The problem is how they deal with and adjust,” the official said.

In the joint statement, the leaders criticized “the militarization of the disputed features, the dangerous use of coast guard vessels and maritime militia forces, as well as behavior that disrupts resource exploitation activities.” offshore resources of other countries”, but did not specifically condemn any country. The group also agreed on a new maritime surveillance initiative that is intended to strengthen monitoring of activities in the region.

New Australian Prime Minister Anthony Albanese said his goals were in line with the Quad’s priorities, saying he wanted the group to take the lead on issues of responding to climate change.

“The region wants us to collaborate and lead, which is why my government will take ambitious action on climate change and increase support for our regional partners as they work to tackle it.” solve this problem, including new funding,” he said.

The Quad is a security mechanism established by the US, Japan, India and Australia in 2004 to respond to China’s growing influence in the Asia-Pacific region. The Quartet, which has experienced many ups and downs in nearly two decades of existence, was once considered to have a lackluster role, but began to operate strongly again after clashes on the India-China border in 2016. 2020 and diplomatic and trade tensions between Australia and China increase.

Huyen Le (Theo AFP, Reuters)

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