financetom
World
financetom
/
World
/
US President Joe Biden meets Japanese Emperor Naruhito ahead of Quad summit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US President Joe Biden meets Japanese Emperor Naruhito ahead of Quad summit
May 22, 2022 10:24 PM

US President Joe Biden, in Japan to launch a regional economic plan to counter China and reaffirm ties with a key Asian ally, began his visit on Monday by meeting with Emperor Naruhito.

The cornerstone of Biden's two-day visit, which includes meetings with the leaders of Japan, India and Australia, the "Quad," will be the rollout later on Monday of the Indo-Pacific Economic Framework, a broad plan providing an economic pillar to its engagement with Asia.

Biden arrived at the palace, where he was met by Naruhito, and the two exchanged greetings before they were ushered inside, both wearing white masks. Biden's call on the Emperor will be followed by talks with Japanese Prime Minister Fumio Kishida in which the two nations are expected to discuss Japan's plans to expand its military capabilities and reach in response to China's growing might.

The two key allies are also expected reconfirm their close ties in the face of Russia's invasion of Ukraine, agreeing that unilateral changes in the status quo by force are unacceptable.

Worries are growing in Asia about an increasingly assertive China, particularly in light of its close ties to Russia, and tensions in particular have been rising around Taiwan, which China considers a renegade province.

North Korea and regional issues will also be on the agenda, with Biden later on Monday scheduled to meet with the families of Japanese who were abducted years ago to train spies in North Korea.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CANADA STOCKS-TSX pulls back from record highs to trade flat
CANADA STOCKS-TSX pulls back from record highs to trade flat
Apr 1, 2024
* TSX flat * Communication Services sector leads losses * Ballard Power Systems ( BLDP ) announces largest order; shares climb (Updated at 10:13 a.m. ET/ 1413 GMT) By Purvi Agarwal April 1 (Reuters) - Canada's main stock index traded flat on Monday, just below all-time highs, as gains in mining stocks were eclipsed by declines in communication services sector,...
EMERGING MARKETS-Chilean stocks at record high, Turkish lira firms after local elections
EMERGING MARKETS-Chilean stocks at record high, Turkish lira firms after local elections
Apr 1, 2024
By Sruthi Shankar April 1 (Reuters) - Chilean stocks scaled fresh highs on Monday, aided by positive domestic and Chinese economic data, while the Turkish lira strengthened following the ruling party's defeat in the local elections. The leading index of Chile's stock market IPSA climbed 1.2% to an all-time high, leading gains among Latin American equity markets. Data showed economic...
TSX Posts Modest Gain On Return From Easter Holiday
TSX Posts Modest Gain On Return From Easter Holiday
Apr 1, 2024
04:28 PM EDT, 04/01/2024 (MT Newswires) -- Many Canada stock pickers appeared to be overcoming a sugar rush on their return to trading on this Easter Monday after a long holiday weekend in the way they sent Canada's main stock market up and down regularly from the opening bell and through the day, before finally having it settle up near...
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading
Apr 1, 2024
10:42 AM EDT, 04/01/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week modestly higher Monday morning, rising 0.16% to 1,885.69 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by solar project developer Emeren Group ( SOL ) and game live-streaming company DouYu International ( DOYU )...
Copyright 2023-2026 - www.financetom.com All Rights Reserved