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U.S. plans $113 mln 'down payment on a new era' in Indo-Pacific -Pompeo

Published 30/07/2018, 15:05
© Reuters. FILE PHOTO: U.S. Secretary of State Pompeo hosts religious freedom summit at the State Department in Washington

WASHINGTON (Reuters) - The United States will invest $113 million in technology, energy and infrastructure initiatives in the Indo-Pacific as part of a new strategy to deepen ties with the region, U.S. Secretary of State Mike Pompeo said on Monday ahead of a trip to Singapore, Malaysia and Indonesia.

"These funds represent just a down payment on a new era in U.S. economic commitment to peace and prosperity in the Indo-Pacific region," Pompeo said in a speech to the U.S. Chamber of Commerce.

© Reuters. FILE PHOTO: U.S. Secretary of State Pompeo hosts religious freedom summit at the State Department in Washington

Pompeo said the United States "will oppose any country" that seeks to dominate the region in what appeared to be a warning to Beijing at a time of increased trade frictions and tensions in the South China Sea.

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