US Pledges to Provide Nearly $300 Million for Security to Southeast Asia
August 4 , 2018
U.S Secretary of State Mike Pompeo, on Saturday, pledged on the sidelines of ASEAN (Association of Southeast Asian Nations) Summit to provide around $300 Million as new security funding for Southeast Asia. The move is seen by Southeast Asian analysts as an attempt by the US to counter China’s bolstering engagement in the region. Pompeo, during a meeting with the foreign ministers of 10-member countries of ASEAN, pledged to offer $300 Million security funding for strengthening maritime security, countering “transnational threats”, enhancing peacekeeping capabilities, and developing humanitarian assistance. United State ’s vision for a “free and open Indo-Pacific” region comes at a time as China bolsters its position in the region with Belt and Road plan.