US pledges $300m security funding for Southeast Asia

Web Desk

Singapore

U.S Secretary of State Mike Pompeo pledged on Saturday to provide nearly $300 million in new security funding for Southeast Asia, with plans to bolster its engagement in the region. Pompeo unveiled the figure to reporters on the sidelines of a meeting of foreign ministers from the 10-member Association of Southeast Asian Nations (ASEAN) and other officials from around the world in Singapore.
“As part of our commitment to advancing regional security in the Indo-Pacific, the United States is excited to announce nearly $300 million in new funding to reinforce security cooperation throughout the entire region,” he said.
The new security assistance will strengthen maritime security, develop humanitarian assistance, peacekeeping capabilities and counter “transnational threats”, he added. The United States said earlier this week it would invest $113 million in technology, energy and infrastructure initiatives in emerging Asia which he called “a downpayment on a new era of U.S. economic commitment to the region”.

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