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Home » Biden, Modi to hold talks next week
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Biden, Modi to hold talks next week

AgencyBy AgencyMay 19, 2022No Comments
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US President Joe Biden will hold a bilateral meeting with Prime Minister Narendra Modi during his visit to Japan for the second in-person Quad summit next week, according to US National Security Advisor Jake Sullivan.

Formed with Australia, India, Japan, and the United States (US), Quad was an initiative of the Trump Administration. So far, there have been three Quad summits, two of them virtual.

Japanese Prime Minister Fumio Kishida will host Biden, PM Modi and the winner of weekend elections in Australia at a meeting of the Indo-Pacific strategic alliance known as the Quad.T

Talking to reporters, Sullivan said, We believe that this summit will demonstrate both in substance and in vision that democracies can deliver and that these four nations working together will defend and uphold the principles of a free and open Indo-Pacific.

In Tokyo, Biden will launch a new and ambitious economic initiative for the region — the Indo-Pacific Economic Framework (IPEF). It will be a 21st century economic arrangement, designed to tackle new economic challenges, he said.

The IPEF will involve work ranging from setting the rules of the digital economy to ensuring secure and resilient supply chains to managing the energy transition to investing in clean, modern high standards infrastructure, he said.

Biden will be joined in person by Kishida for the launch of IPEF and virtually by leaders from a number of Indo-Pacific partners from down under to southeast Asia to northeast Asia.

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