The Free and Open Indo-Pacific Strategy in Southeast Asia: A Status Report on the Economic Pillars
In July 2018, Secretary of State Mike Pompeo announced $113 million for new economic and energy initiatives to flesh out the administration’s Free and Open Indo-Pacific Strategy. These announcements included nearly $50 million for Asia EDGE, an initiative to promote energy security and develop energy markets, and $30 million for an initiative to boost infrastructure investment through financial and technical assistance to partner countries. Secretary Pompeo also voiced strong support for the BUILD Act, which is set to double the U.S. government’s development-finance capacity to $60 billion to support U.S. private investment in strategic opportunities abroad. Nearly one year later, what impact have these initiatives had for U.S. engagement in Southeast Asia?
This event is made possible with support from Chevron.