US President Joe Biden yesterday arrived in Japan to launch a plan for greater US economic engagement with the Indo-Pacific region, facing criticism even before the program is announced that it would offer scant benefit to countries in the region.
On the second leg of his first Asia trip as president, Biden is to meet with leaders of Japan, India and Australia, the Quadrilateral Security Dialogue (Quad), another cornerstone of his strategy to push back against China’s expanding influence.
At their previous summit in March, Quad leaders agreed that what has happened to Ukraine should not be allowed to happen in the Indo-Pacific — a reference to the threat posed to Taiwan by China, although Beijing was not mentioned by name.
Photo: Reuters
Biden was yesterday to meet with Japanese business leaders, including the president of Toyota Motor Corp, at the ambassador’s residence in Tokyo shortly after arriving, said a person familiar with the matter.
Today, he is to call on Emperor Naruhito before talks with Japanese Prime Minister Fumio Kishida. He and Kishida are expected to discuss Japan’s plans to expand its military capabilities and reach in response to China’s growing might.
Biden plans to roll out the Indo-Pacific Economic Framework (IPEF), a program to bind regional countries more closely through common standards in areas including supply chain resilience, clean energy, infrastructure and digital trade.
Washington has lacked an economic pillar to its Indo-Pacific engagement since former US president Donald Trump quit a multinational trans-Pacific trade agreement, leaving the field open to China to expand its influence.
However, the IPEF is unlikely to include binding commitments, and Asian countries and trade experts have given a decidedly lukewarm response to a program limited by Biden’s reluctance to risk US jobs by offering the increased market access the region craves.
The White House had wanted the IPEF announcement to represent a formal start of negotiations with a core group of like-minded countries, but Japan wanted to ensure broader participation to include as many Southeast Asian countries as possible, trade and diplomatic sources said.
Given this, today’s ceremony would likely signal an agreement to start discussions on the IPEF rather than actual negotiations, the sources said.
Beijing appeared to take a dim view of the planned IPEF.
China welcomes initiatives conducive to strengthening regional cooperation, but “opposes attempts to create division and confrontation,” Chinese Minister of Foreign Affairs Wang Yi (王毅) said in a statement.
“The Asia-Pacific should become a high ground for peaceful development, not a geopolitical gladiatorial arena,” he said.
Wang said the “so-called ‘Indo-Pacific strategy’ is essentially a strategy to create division, a strategy to incite confrontation and a strategy to undermine peace.”
Some members ASEAN could join the IPEF launch ceremony, an Asian diplomat said, but a Japanese Ministry of Finance official said many in the region were reluctant because of the lack of practical incentives like tariff reductions.
Tomorrow in Tokyo, Biden is to join the second in-person Quad summit.
The four countries share concerns about China, but the Quad as a group has avoided an overtly anti-China agenda, largely due to Indian sensibilities.
People can preregister to receive their NT$10,000 (US$325) cash distributed from the central government on Nov. 5 after President William Lai (賴清德) yesterday signed the Special Budget for Strengthening Economic, Social and National Security Resilience, the Executive Yuan told a news conference last night. The special budget, passed by the Legislative Yuan on Friday last week with a cash handout budget of NT$236 billion, was officially submitted to the Executive Yuan and the Presidential Office yesterday afternoon. People can register through the official Web site at https://10000.gov.tw to have the funds deposited into their bank accounts, withdraw the funds at automated teller
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