Australia has reached a deal with the U.S. and Japan to invest in projects in the Indo-Pacific region, and promote economic growth.
Pompeo mentioned Bangladesh's first-ever satellite launching with the SpaceX and said United States companies literally help Indo-Pacific partner nations reach for the stars.
Among the new investments outlined by Pompeo, the United States will invest $25 million to expand US technology exports to the region, add almost $50 million this year to help countries produce and store energy resources and create a new assistance network to boost infrastructure development.
In Kuala Lumpur, Pompeo will stay till August 3 to meet senior Malaysian officials to discuss strengthening the bilateral comprehensive partnership and advancing common security and economic interests, following the country's recent government transition.
The programmes will extend support for the Better Utilisation of Investments Leading to Development (BUILD) Act, to reform, modernise, and more than double development finance capacity, says a White House release.
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Pompeo said the United States has signed a $350 million investment compact with Mongolia to develop new water sources.
Qin said that some of China's previous allies, such as Pakistan, have already felt the ambition for political expansion attached to the "One Belt, One Road" initiative, and have started to worry about their national security and long-term interests.
He said that ensuring the USA citizens' rights was ultimately the great object of the economic and security cooperation. We supported transformational agricultural efforts, such as the Green Revolution, which forever improved farming of wheat and rice worldwide - and nowhere more than in the Indo-Pacific. Another advantage of the USA, he said, is that "we will help them keep their people free from coercion or great power domination". We want the peaceful resolution of territorial and maritime disputes.
"This is created to provide mechanism that will allow more private-sector funding for the infrastructure projects that countries in this region need", Kirchner said. "This is key for worldwide peace and each country's attainment of its own national dreams", Pompeo said.
Foreign Minister, Julie Bishop, said the agreement would "mobile investment in the projects that drive economic growth... and foster a free, open, and prosperous Indo-Pacific".
This will start with a $25 million initial investment to improve partner countries' digital connectivity and expand opportunities for U.S. technology exports. "It's high-quality, it's transparent and it is financially sustainable", Hook said. "We stand ready to enhance the security of our partners and to assist them in developing their economies and societies in ways that ensure human dignity". But Pompeo did not offer any outline of specific diplomatic partnerships with like-minded countries or companies that would leverage United States funding for bigger impact.