Biden is set to participate on Tuesday morning in a virtual summit with the 10-member Association of Southeast Asian Nations It marks the first time since 2017, when President Donald Trump participated in the summit, that a U.S. president will take part in a meeting of the bloc.
It comes as Biden is looking to strengthen the U.S. presence in the Pacific in the face of China’s growth as a national security and economic adversary.
The new funding will include money for health spending, a new climate initiative, programs to assist with the economic recovery caused by the coronavirus pandemic and education programs.
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