Indo-Pacific – The future of The 21st Century Economy

  • US President Joe Biden, who has promised to intervene militarily to safeguard the Taiwan if it is attacked
  • President Biden and Prime Minister Kishida both urged China to join the international community in condemning Russia’s actions in Ukraine.
  • The two leaders expressed their strong opposition to any unilateral measures to change the status quo in the East China Sea
  • Prime Minister Kishida and President Biden both acknowledged that peace and stability across the Taiwan Strait is an essential component of international security and prosperity

China is “flirting with danger” over Taiwan, according to US President Joe Biden, who has promised to intervene militarily to safeguard the island if it is attacked. On Monday, US President Joe Biden stated that he would be willing to use force to safeguard Taiwan. The US-Japanese alliance has long been a cornerstone of Indo-Pacific peace and prosperity, according  to Biden, and the US remains completely committed to Japanese defence.

Biden’s visit to Japan, according to Japanese Prime Minister Fumio Kishida, illustrates that the US would continue to strengthen its engagement in the Indo-Pacific area regardless of the scenario. Russia’s action against Ukraine jeopardises the global order, and we cannot tolerate any attempts to change the status quo via force, no matter where they occur.

In a Joint Statement President Biden and Prime Minister Kishida both urged China to join the international community in condemning Russia’s actions in Ukraine. They discussed China’s continued actions that are incompatible with the international rules-based order, such as economic and other forms of coercion. The two leaders demanded that China contribute to arrangements that decrease nuclear dangers, promote transparency, and advance nuclear disarmament, citing China’s continuous nuclear capability expansion.

The two leaders expressed their strong opposition to any unilateral measures to change the status quo in the East China Sea, as well as China’s illegal maritime claims, militarization and actions which are  coercive in nature.

Both leaders reaffirmed their steadfast commitment to the rule of law, which includes the freedom of navigation as defined by the UN Convention. Prime Minister Kishida and President Biden both acknowledged that their core positions on Taiwan have not changed, and that peace and stability across the Taiwan Strait is an essential component of international security and prosperity. They advocated for a peaceful settlement to cross-Strait concerns. Both leaders expressed alarm over the recent PRC-Solomon Islands security deal, which was reached in an opaque way without taking into account regional concerns.

Prime Minister Kishida and President Biden jointly expressed grave and ongoing worries about recent events in Hong Kong as well as human rights violations in the Xinjiang Uyghur Autonomous Region. North Korea’s nuclear and missile development efforts, particularly recent ICBM launches, were criticised by the two leaders. They reaffirmed their commitment to the Korean Peninsula’s total denuclearization. Prime Minister Kishida and President Biden both criticised Myanmar’s military atrocities on civilians.

Speaking at the launch of the Indo-Pacific Economic Framework for Prosperity President Biden said  that, the Indo-Pacific region is home to half of the world’s population and accounts for more than 60% of global GDP. He said that  “The future of the 21st century economy is going to be largely written in the Indo-Pacific”

Staff Galactik Views

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