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Economy

US, Japan and Australia team up on Indo-Pacific building push

Trilateral infrastructure framework aimed at countering China's Belt and Road

Australia's Foreign Ministry has announced a partnership with Japan and the U.S. to promote infrastructure investment in the Indo-Pacific and counter China's effort to gain influence in the region.   © Reuters

TOKYO -- The U.S., Japan and Australia will help countries in the Indo-Pacific region develop their infrastructure, according to an announcement from Australia's Foreign Ministry, in a move aimed at countering rapidly growing Chinese investment throughout Eurasia.

"The United States, Japan and Australia have formed a trilateral partnership to mobilize investment in projects that drive economic growth, create opportunities, and foster a free, open, inclusive and prosperous Indo-Pacific," said a statement released Tuesday by the Australian Department of Foreign Affairs and Trade.

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