Pompeo talked about the Trump administration's strategy for advancing a free and open Indo-Pacific, and why USA business engagement is at the centre of it-it's a staple of Washington's mission to promote peace, stability, and prosperity.
Australia has reached a deal with the U.S. and Japan to invest in projects in the Indo-Pacific region, and promote economic growth.
The US "will never seek domination in the Indo-Pacific", said Pompeo, "and we will oppose any country that does".
"If the USA and any other countries have the will to step up infrastructure investment to boost regional interconnectivity, we welcome it", Geng told reporters at a daily briefing.
Mr. Pompeo, who is slated to visit to Malaysia, Singapore and Indonesia later this week, announced Monday some $113 million in new usa government investments as a "down payment on a new era" for the U.S.in the region Monday.
Earlier in the day, Pompeo launched the economic and commercial pillars of the Trump administration's Indo-Pacific strategy. "American friendship is welcomed, and American businesses are recognised for their ingenuity, reliability, and honesty", Pompeo said.
"It is a made in China, made for China initiative", he said.
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Speaking at the same event, US Commerce Secretary Wilbur Ross said the United States has eased export controls for high-technology product sales to India. We supported transformational agricultural efforts, such as the Green Revolution, which forever improved farming of wheat and rice worldwide - and nowhere more than in the Indo-Pacific.
"When we say we want an "open" Indo-Pacific, it means we want all nations to enjoy open access to the seas and the airways". We want it to be free, we want it to be open. "This is key for global peace and each country's attainment of its own national dreams", Pompeo said.
In the '60s, we grew partnerships to address basic developmental needs.
"The American people and the whole world have a stake in the Indo-Pacific's peace and prosperity, it is why the Indo-Pacific must be free and open", he stressed.
"President Trump also expects our commitment to generate greater support for a free and open Indo-Pacific from all countries that share the vision of a region rooted in sovereignty, the rule of law, and sustainable prosperity", he said, in an apparent reference to China, which claims nearly all of South China Sea and resorted to aggressive patrols in recent years.
He launched new initiatives to accelerate U.S. private investment and support job-creating USA export opportunities in the areas of digital economy, infrastructure, and energy.
Expanding energy commerce by growing foreign energy markets, expanding public-private partnerships, and fostering business-to-business connections.
"The US government's Indo-Pacific initiatives will be shaped by these values and buttressed by partnerships with American companies".