Washington, July 16 (IANS) The Trump administration has announced that it is stepping up investments in South and Southeast Asia as part of a broader strategy to reduce dependence on China for critical supply chains, as the US International Development Finance Corporation (DFC) approved $1.5 billion for energy infrastructure across the region. The funding is aimed at supporting American liquefied natural gas (LNG) exports and energy equipment while strengthening supply chains in a region Washing…
Latest US Trade and Development Agency News & Updates
Washington, Jan 21 (IANS) A US agency on Tuesday announced support for a proposed submarine cable system linking India with Singapore and major Southeast Asian data hubs.The US Trade and Development Agency (USTDA) said it has signed an agreement with SubConnex Malaysia Sdn. Bhd. to fund a feasibility study for the SCNX3 submarine cable system. The project would connect India with Singapore and other parts of Southeast Asia and is expected to serve nearly 1.85 billion people.USTDA said the study …