December 2, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

Japan to host Quad group meeting next year, says US official

has agreed to host a meeting of the group involving the United States, Australia and India next year, White House coordinator for the Indo-Pacific, Kurt Campbell, said on Friday.

Campbell, speaking at an event of the US Institute of Peace, a Washington think tank, did not explain in detail the type of meeting to be hosted by next year.

Kyodo News reported that diplomatic sources previously indicated that Tokyo has explored the idea of hosting the second in-person summit.

“We’ll work with them on timing and to make sure we follow through on what we’ve committed to, which is extraordinarily important, but also look at new initiatives as well,” he said.

If this Quad Summit takes place it would be the first one to be hosted by Japanese Prime Minister Fumio Kishida.

During the first in-person Quad summit in Washington in September, leaders of the four countries committed to a “free and open Indo-Pacific” and agreed to hold a leaders’ meeting annually.

Campbell said the Quad is not a “formal alliance” and the current consensus is that “it is appropriate to be considered as an informal gathering.”

“I do not believe we will take steps in the near term to institutionalise” the group, he added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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