August 4, 2018 / 1:58 AM / 3 months ago

U.S. pledges nearly $300 million security funding for Southeast Asia

SINGAPORE, Aug 4 (Reuters) - U.S Secretary of State Mike Pompeo pledged on Saturday to provide nearly $300 million in new security funding for Southeast Asia.

Pompeo unveiled the figure to reporters on the sidelines of a meeting of foreign ministers from the 10-member Association of Southeast Asian Nations (ASEAN) and other officials from around the world in Singapore.

The United States said earlier this week it will invest $113 million in technology, energy and infrastructure initiatives in emerging Asia which he called “a downpayment on a new era of U.S. economic commitment to the region”. (Reporting by David Brunnstrom and Jack Kim Writing by John Geddie; Editing by Nick Macfie)

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