4/30/2023 0 Comments Biden press conference![]() ![]() I discussed with the President his recent visit to Europe and the ongoing crisis in Ukraine. We therefore welcome America’s proposed Indo-Pacific Economic Framework, which will strengthen America’s engagement in the evolving regional economic architecture. It is important to advance a positive economic agenda that is open, inclusive, up to date, and flexible. The President and I discussed the importance of the US growing both its strategic and economic stakes in the Asia-Pacific. It is a strong affirmation of American commitment to Southeast Asia and to ASEAN centrality. We welcomed his intention to host an ASEAN-US Special Summit here soon. ![]() Singapore deeply appreciates President Biden’s leadership in strengthening US engagement of the region. ![]() We are also expanding cooperation into new areas, including cybersecurity, digital economy, sustainable development, and even space. For more than 30 years, we have had a MOU on Defence Cooperation, signed in 1990, and recently renewed in 2019, which has provided US military access to Singapore’s air and naval bases. On the defence front, Singapore is a Major Security Cooperation Partner of the US – in fact the only country with this status. Singapore’s investments in the US, and US exports to Singapore support over a quarter million American jobs. Singapore is the second largest Asian investor in the US, and the US is the largest investor in Singapore. We have substantial bilateral cooperation on economic, defence, and security issues, and also strong people-to-people ties. And Singapore has consistently supported a strong US presence in the region, through our words and actions. The US has played an important and constructive role in the Asia-Pacific for nearly 80 years. We reaffirmed the longstanding and multi-faceted partnership between Singapore and the US, and our shared commitment to a stable, rules-based global order. We had a very good discussion with President Biden this morning. Current international uncertainties and crises underscore the need for countries to work together with close friends and partners, and Singapore deeply appreciates the United States’ commitment to engage Southeast Asia and especially Singapore, despite the ongoing crisis in Ukraine. We last met in Rome on the sidelines of the G20 Summit.īut much has changed since those few months ago. I would like to thank the President for the very warm welcome that I and my delegation have received. The White House said Biden would announce "actions to continue to hold Russia accountable for its unprovoked and unjustified war on Ukraine".Īccording to the US Energy Information Administration, Russian oil made up about 3% of all crude shipments to the US last year - a far lighter dependence than among European US allies.Please scroll down for the transcript of QnA at the Joint Press Conference. What will Joe Biden talk about at the press conference? On the markets, crude oil futures extended gains on news of the impending ban, rising 4% to $124.21 in New York. Overall, Russian oil and petroleum products represented about 8% of US oil imports. President Biden Delivers Remarks on Supporting Veterans as Part of the Unity Agenda Russian oil and petroleum products Press Secretary Jen Psaki Gaggle Aboard Air Force One En Route to Fort Worth, Texas "We're banning all imports of Russian gas, oil and energy," announces Biden. President Joe Biden confirms that the United States will ban all imports of Russian gas, oil and energy in response to the invasion of Ukraine. Oil and gas industry warned by Biden against "excessive price increases or padding profits." "We're banning all imports of Russian gas, oil and energy," says Biden "The decision today is not without cost here at home," saysīiden, noting gasoline prices in the US will go up further after already surging. gasoline prices will continue to rise after they have already skyrocketed The move follows pleas by the Ukrainian president, Volodymyr Zelenskiy, to US and western officials to cut off the imports, which had been a glaring omission to massive sanctions put in place over the invasion. The US does not import Russian natural gas. Natural gas from Russia accounts for one-third of Europe's consumption of the fossil fuel. The US and international partners have sanctioned Russia's largest banks, its central bank and finance ministry, and moved to block certain financial institutions from the Swift messaging system for international payments. I call on Congress to pass the $12 billion Ukraine assistance package." Putin seems determined to continue on his murderous path no matter the cost. "Goal of US policy is to prevent letting "tyrants like Putin" use energy as a weapon in the future. "Simply not true his administration is holding back domestic energy production," says Biden. The ban will include oil, liquefied natural gas and coal ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |