Secret Assets Owners
  • Investing
  • World News
  • Politics
  • Stock
  • Editor’s Pick
World News

Australia welcomes Southeast Asia leaders with fresh maritime security funding

by March 4, 2024
March 4, 2024

SYDNEY – Australia said on Monday Indo-Pacific and Southeast Asian countries are facing serious defense threats as it set aside more funds for a maritime security pact with ASEAN countries during a summit with the Southeast Asian bloc.

Foreign Minister Penny Wong said Australia would invest A$64 million ($41.8 million) over four years, including A$40 million in new funding, which would contribute to the security and prosperity of the region, consistent with the priorities of Southeast Asian countries.

“We face destabilizing, provocative and coercive actions including unsafe conduct at sea and in the air,” Ms. Wong said in a speech at the summit, adding free and open sea lanes in the South China Sea was critical for the region’s trade.

“What happens in the South China Sea, in the Taiwan Strait, in the Mekong subregion, across the Indo-Pacific, affects us all.”

China claims almost the entire South China Sea, a conduit for more than $3 trillion of annual ship-borne commerce, including parts claimed by the Philippines, Vietnam, Indonesia, Malaysia and Brunei. The Permanent Court of Arbitration in 2016 said China’s claims had no legal basis.

Philippines Secretary of Foreign Affairs Enrique Manalo said the South China Sea was of strategic importance that holds a promising future.

“However, such future will only be possible if nations in the region resolved to uphold cooperation, over confrontation and diplomacy over the use or the threat of use of force,” Mr. Manalo said in his speech.

The Philippines is ramping up efforts to counter what it describes as China’s “aggressive activities” in the South China Sea, which has also become a flashpoint for Chinese and U.S. tensions around naval operations.

Mr. Manalo said the arbitration is part of international law and nations in the region must stand firmly together in opposing actions that contradict or are inconsistent with it.

Australia last year said it would conduct more joint patrols with Philippines in the South China Sea.

Melbourne is hosting the summit from Monday to Wednesday to mark 50 years of Australia becoming the first external partner of ASEAN. — Reuters

previous post
7 celebrities whose ages might surprise you, but are younger than President Biden
next post
Swiss vote decisively for ‘13th month’ pension increase

You may also like

China and ASEAN, hit by US tariffs, sign...

October 28, 2025

Backed by the White House, Taiwan leans on...

October 24, 2025

Trump says all trade talks with Canada are...

October 24, 2025

Defiant former French president Sarkozy to begin five-year...

October 21, 2025

Belarus security chief seeks dialogue with Ukraine

October 20, 2025

US budget deficit dips in fiscal 2025 on...

October 17, 2025

Macron wanders alone by the Seine as grip...

October 7, 2025

US banks expect victory in capital requirements as...

October 3, 2025

Climate change and pollution threaten Europe’s resources, EU...

September 30, 2025

Trump applauds comedian Jimmy Kimmel’s suspension and renews...

September 19, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Bernie Sanders crashes Schumer news conference, criticizes Democratic Party leadership

    November 6, 2025
  • Vulnerable House Dem criticizes ‘extreme’ left in shocking 2026 announcement

    November 6, 2025
  • Trump appears to jab defeated Republicans, saying it’s ‘easy’ to win elections ‘when you talk about the facts’

    November 6, 2025
  • A Double Standard on School Choice

    November 5, 2025
  • Trump admin ramps up Sudan peace effort as civil war leaves tens of thousands dead

    November 5, 2025
  • About us
  • Contact us
  • Terms & Conditions
  • Privacy Policy

Copyright © 2025 SecretAssetsOwners.com All Rights Reserved.


Back To Top
Secret Assets Owners
  • Investing
  • World News
  • Politics
  • Stock
  • Editor’s Pick