NextGen Day

President Joe Biden announced Tuesday that the US will invest $100 million in a program to strengthen collaboration with the Association of Southeast Asian Nations (ASEAN) countries.

Biden, speaking at a virtual US-Asean summit, described the US-ASEAN alliance as “important,” adding that the partnership is necessary to sustain a free and open Indo-Pacific.

He promised to expand collaboration, develop new routes of ministerial conversation, invest “in our countries,” and promote “inclusive prosperity in our crucial region,” among other things.

“In fact, we propose to create a new program and projects totaling more than $100 million to deepen our cooperation across a range of challenges,” Biden added.

The US is dedicated to ASEAN centrality, according to the president. ASEAN is a “central regional architecture of the Indo Pacific,” he stated.

“It’s a lynchpin for maintaining our shared region’s resilience, economy, and security,” he continued.

Biden is expected to propose new initiatives worth up to $102 million to expand the US-Asean collaboration, according to the White House. The money will be spent on a variety of topics, including health, climate change, and the economy.

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