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Biden Arrives in Tokyo Seeking to Shore Up Support for Economic Plan

admin by admin
May 22, 2022
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Biden Arrives in Tokyo Seeking to Shore Up Support for Economic Plan
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Tokyo — On Sunday, President Biden began Chapter 2 of his diplomatic tour in Asia. Reassure allies about the threat posed by North Korea To rally the countries behind his administration’s new economic policy for the Indo-Pacific.

During a three-day swing in Japan, Biden will meet with a series of leaders, including Australia, India and Japan, as he develops a new economic agenda five years after the Trump administration. Separated the United States from a wide range of trade agreements Known as the Trans-Pacific Partnership, or TPP

The plan seems to be the entity behind Mr. Biden’s pledge to engage with allies and claim American influence in the region while countering China. Although not much smaller than the TPP, Biden’s aide says the new plan, the Indo-Pacific Economic Framework, sets the standard for digital economy, clean energy, and supply chain resilience.

However, the lack of clarity about the region’s economic approach, which Mr. Biden said was a foreign policy priority, has sparked skepticism from some allies. While Beijing is increasingly criticizing the new policy, the administration has not yet stated how many countries have signed the new cooperation agreement.

“In addition to the countries participating in the launch tomorrow, we expect other countries to come months or years ahead.” Jake SullivanBiden’s national security adviser told reporters at Air Force One on Sunday. “This is an economic arrangement focused on further integration of the Indo-Pacific economy, especially the setting of standards and rules in new areas such as the digital economy, and strives to ensure a safe and resilient supply chain. increase.”

United States work status

The US economy has regained more than 90 percent of the 22 million jobs lost during the 2020 spring pandemic heyday.

In Tokyo, Mr Sullivan said Taiwan would not be among those signing the new agreement.

Mr Biden is not expected to open the US market as part of the deal, but he will have to dismiss Beijing’s criticism and convince his allies to sign the plan.

Aaron Connelly, a researcher at the International Institute for Strategic Studies, said: In Singapore.

Mr. Biden’s arrival in Tokyo Newly appointed President of South Korea, Yoon Sin Akira. The two leaders discussed a number of economic initiatives, including strategies to combat the semiconductor shortage that is fueling rising prices. However, the threat posed by North Korea urged visits facilitated by US authorities in an effort to reassure allies that the United States continues to focus on countering China.

North Korea has not yet conducted a missile test on Sunday, despite warnings from the Biden administration that it may be done while the president is in the south. Mr Sullivan was asked on Sunday if information showed that the government of Pyongyang, the capital of North Korea, could still proceed with tests involving nuclear missiles, Sullivan said. Yes. “

However, the administration is now heading for the rallying of allies behind the challenge to Beijing.Mr. Biden meets with the Prime Minister while in Tokyo Fumio Kishida Japanese Prime Minister Narendra Modi and Anthony Albanese, Newly elected Prime Minister of AustraliaDuring the Quad Summit, a block was formed due to growing anxiety over China’s military footprint in parts of Asia and the Indian Ocean. Biden congratulated Mr. Albanese, who was elected on Saturday.

However, during his trip to South Korea, Mr. Biden nodded to domestic policy priorities and predicaments. He visited Samsung’s semiconductor factory, demonstrating that the government is focusing on chip shortages, and rallying Congress to pass a bill to step up manufacturing.

After a private missile in Seoul on Sunday morning, Biden joined modern leadership to celebrate the company’s plans to build a new electric vehicle and battery manufacturing facility in Savannah, Georgia.

Mr Biden said the facility would continue the government’s strategy of bringing in 8,000 jobs and pointing out job growth as Republicans intensify their attacks on rising inflation. “These investments are part of the trend of my administration,” Biden said, adding that the White House would help the White House succeed in its clean energy efforts. “Manufacturing jobs are back in America.”

Mr Biden assembled the investment as a result of his administration and work by Georgia’s Democratic Senators Raphael Warnock and John Osov.

But just a few days ago, the same company sent an executive to Georgia to celebrate the investment alongside Republican Governor Brian Kemp. “It will continue to bring wealth and opportunities to the region,” Kemp said.

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