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Economy

14 Sept 2021

Biden to Host Summit of the “Quad” Leaders at the White House

The Index Today

President Joe Biden is expected to host a summit of the “Quad” countries leaders from Japan, Australia, India and the U.S. This in-person summit will help increase cooperation to tackle China’s growing power and influence on the global economy.
Jen Psaki stated in a press conference that the summit will be held at the White House on the 24th of September. Members participating in the summit will include Prime Minister Narendra Modi, Scott Morrison, and Yoshihide Suga.
Prior to this, the Quad leaders held a virtual meeting in which they committed to collaborate and work closely on the covid vaccines and climate issues. Jen Psaki told reporters, “Hosting the leaders of the Quad demonstrates the Biden-Harris Administrations priority of engaging in the indo-pacific, including through new multilateral configurations to meet the challenges of the 21st century.”
In March, President Biden spoke to British Prime Minister Boris Johnson to discuss plans for bringing democratic nations together to focus on infrastructure plans which will rival China’s belt and road initiative. This large scale project aims to connect Europe and Asia.
The aim of the summit is to bring leaders together to focus on strengthening ties and cooperation in the areas of climate crisis, covid, technology and cyberspace. However, infrastructure will be at the forefront of the discussions.
Biden has been greatly criticized for the abrupt withdrawal of troops in Afghanistan which tarnished his image. Senator Bill Hagerty, former U.S ambassador to Japan said, “Biden’s Afghanistan’s withdrawal debacle made India’s neighborhood more dangerous and raises legitimate questions for japan and Australia as well, so it’s good we will be hosting Quad partners soon. We must repair and renew our alliances, and this one is key.”

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