Don’t miss the latest developments in business and finance.

Pompeo announces $300 mn investments in Asia-Pacific

Image
IANS Bangkok
Last Updated : Aug 04 2018 | 1:45 PM IST

US Secretary of State Mike Pompeo on Saturday announced an investment of nearly $300 million to boost cooperation and security in the Asia-Pacific region.

The investment would "strengthen maritime security, humanitarian assistance and peacekeeping capabilities, and enhance programs to counter transnational threats", Pompeo said at a press conference in Singapore on the sidelines of Association of Southeast Asian Nations (Asean) summit.

He also met with his counterparts from other countries taking part in the Asean-US meet, Efe news reported.

North Korea and the need to maintain sanctions on the Kim Jong-un regime is expected to dominate his agenda.

--IANS

mag/ksk

Also Read

First Published: Aug 04 2018 | 1:40 PM IST

Next Story