XM does not provide services to residents of the United States of America.

Biden, 'Quad' leaders to talk maritime security as China tensions grow



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 1-Biden, 'Quad' leaders to talk maritime security as China tensions grow</title></head><body>

Adds details on joint statement in paragraph 4, meeting with Albanese in paragraph 7

By Trevor Hunnicutt

WASHINGTON, Sept 20 (Reuters) - Tensionsbrewing in Asia's trade-rich waters top the agenda as U.S. President Joe Biden welcomes leaders from Australia, India and Japan to his Delaware hometown for a diplomatic push to counter China in the waning months of his presidency.

Biden headed to Wilmington, Delaware, on Friday ahead of the Quad Leaders Summit, where the leaders are expected to speak about conflict between Beijing and its neighbors in the South China Sea who have repeatedly clashed over disputed territory, U.S. officials told Reuters.

On the agenda: stepped-up security cooperation in the Indian Ocean and progress to track illegal fishing fleets operating in the waters of the Indo-Pacific, most of which were Chinese.

Their joint statement was expected to include stronger language than during previous meetings about the South China Sea and about North Korea's threats, officials said.

Biden is set to hand over the presidency after a Nov. 5 election that will deliver the White House to his vice president, Kamala Harris, or Republican Donald Trump, who has vowed a confrontational approach with China and voiced skepticism about traditional U.S. alliances.

Whether the Quad can survive Biden's presidency and keep tensions at bay is an open question. In addition to the handover at the White House next year, Japanese Prime Minister Fumio Kishida will step down this month and Australia isset for elections by next year.

Biden welcomed Australian Prime Minister Anthony Albanese to his personal home on Friday evening, the first in a series of one-on-one meetings closed to press.

"You'll see a number of different signs throughout this meeting and the deliverables that the Quad is a bipartisan institution that is here to stay," a senior U.S. official said.

The Quad is also expected to discuss health security, cancer treatment, technology and infrastructure measures.

Beijing claims almost the entire South China Sea, including territory inside exclusive economic zones of the Philippines, Brunei, Malaysia and Vietnam. It also claims territories in the East China Sea contested by Japan and Taiwan. China also views self-ruled Taiwan as its own territory.

Biden has vowed to compete with China without letting their differences veer into conflict, and he is set to speak again soon with Chinese President Xi Jinping. But his desire to focus on the relationship with China has been sidetracked by conflict in the Middle East and the war in Ukraine.

Xi has objected to the Quad grouping, seeing it as an effort to encircle Beijing and ramp up conflict.

"It's no secret that this is a partnership that, although it is not against China, seeks to offer alternatives to China," the senior Biden administration official said.

"A new Quad maritime security initiative would send a very strong signal to China, that its maritime bullying is unacceptable, and that it would be met with coordinated action by this coalition of like-minded nations," said Lisa Curtis, an Asia policy expert at the Center for a New American Security and former U.S. administration official.

Such a move, which could involve the Coast Guard, would demonstrate that there is a security element to the Quad, despite Indian sensitivities on the need for the grouping to avoid the defense domain, Curtis said.

"China's recent maritime aggression, could be changing the equation for India, and could be prompting India to become a bit more open to the idea of Quad security cooperation," she said.

Trump has said he plans to meet Indian Prime Minister Narendra Modi next week. India plans to host the next Quad meeting, an early expected stop for whoever wins the United States election in November.



Reporting by Trevor Hunnicutt; Additional reporting by David Brunnstrom and Krishn Kaushik; Editing by Heather Timmons, Michael Perry and Deepa Babington

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.