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US Pledges Nearly $300 Million Security Funding for Southeast Asia

2018-08-04 21:32
SINGAPORE—U.S. Secretary of State Mike Pompeo pledged on Saturday, Aug. 4 to provide nearly $300 million in new security funding for Southeast Asia. Pompeo unveiled the figure to reporters on the sidelines of a meeting of foreign ministers from the 10-member Association of Southeast Asian Nations (ASEAN) and other officials from around the world in Singapore. The United States said earlier this week it will invest $113 million in technology, energy and infrastructure initiatives in emerging Asia which he called "a downpayment on a new era of U.S. economic commitment to the region."