No place for Asian development in US plan

America's Indo-Pacific Economic Vision focuses on creating new geopolitical divisions while ignoring the Asia-Pacific region's need for sustainable economic development

Speaking on "America's Indo-Pacific Economic Vision" on July 30, US Secretary of State Mike Pompeo said: Make no mistake, the Indo-Pacific, which stretches from the United States west coast to the west coast of India, is a subject of great importance to American foreign policy ... this region is one of the greatest engines ... of the future global economy, and it already is today. And the American people and the whole world have a stake in the Indo-Pacific's peace and prosperity. It's why the Indo-Pacific must be free and open.

In the same speech, Pompeo announced $113 million in new US initiatives to "support foundational areas of the future: digital economy, energy, and infrastructure". As he put it, the funds represent a "down payment on a new era in US economic commitment to peace and prosperity in the Indo-Pacific region".