United States & Asia Cooperation

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On Thursday the 17th President Obama declared that the U.S. military will expand its presence in the Asia-Pacific region -where growing economic and strategic interests have greatly increased, Rueters reported.

This effort will not be effected by budget cuts made to the pentagon; since U.S. troops are leaving Iraq and Afghanistan, this effort will allow broad distribution amongst Southeast Asia to aid in the regions future.

"As the world's fastest-growing region - and home to more than half the global economy - the Asia Pacific is critical to achieving my highest priority: creating jobs and opportunity for the American people," President Obama said, according to Reuters.

Japan and South Korea wanted the U.S. to counter balance China's expanding global presence; U.S. marines, naval ships, and air crafts deployed to Australia will result in a total of 2,500 U.S. troops by 2016, compared to 28,000 troops in South Korea and 50,000 in Japan, Rueters explained.

Beijing accuses the U.S. deployment of military troops to Australia as escalating tensions within the Southeast region; China has invested military, long-range air craft and deep-sea naval force in the East and South China Seas, according to the New York Times.

The Trans-Pacific partnership would not include China. To better defend foreign producers' property rights and to limit subsidies to state-owned companies would be standards that would require Beijing to let its currency rise in value in order to allow China's inclusion into the partnership, the New York Times explained.

"The notion that we fear China is mistaken; the notion that we are looking to exclude China is mistaken," Obama said, provided by the New York Times.

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This page contains a single entry by osha0029 published on November 20, 2011 10:55 AM.

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