Close Menu
    What's Hot

    Constellation Energy slips after forecasting 2026 profit below consensus

    March 31, 2026

    Lloyd Blankfein on How Young Workers Should Spend First $5K of Savings

    March 31, 2026

    Bitcoin Price Flashes Warning as Nearly Half of Supply Sits at a Loss

    March 31, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Economy»US official urges Papua New Guinea to reject Chinese security deal By Reuters
    Economy

    US official urges Papua New Guinea to reject Chinese security deal By Reuters

    Press RoomBy Press RoomFebruary 5, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    US official urges Papua New Guinea to reject Chinese security deal

    SYDNEY (Reuters) – A senior U.S. state department official urged Papua New Guinea(PNG) to turn down China’s offer of a potential security pact, warning the Pacific nation that any security guarantee with Beijing comes with consequences and costs.

    “We’ve seen that the Chinese commitment in defence or investment comes with a high cost. That’s what we’d say to PNG,” United States Deputy Secretary of State Richard Verma told the Sydney Morning Herald in an interview published on Monday.

    Papua New Guinea Foreign Minister Justin Tkachenko told Reuters last week that it was in early talks with China on a potential security deal. China has offered to assist PNG’s police force with training, equipment and surveillance technology, Tkachenko said.

    The U.S. and ally Australia for decades have seen the Pacific as their sphere of influence, and are seeking to deter the island nations from forming security ties with China, after Beijing signed a security pact with Solomon Islands in 2022.

    Verma, in Australia last week after visiting the South Pacific, said it was a competition for influence in the resource-rich region, and that “we have to compete aggressively”.

    His comments came ahead of an address by PNG Prime Minister James Marape to the Australian parliament later this week. PNG has previously said Australia and the U.S. were its security partners, while China was an important economic partner.

    “We would like to see people choose security arrangement or investment opportunities or advanced connectivity with countries that play by the rules, that live up to the international standards,” Verma said.

    “China has shown that it is not doing that. China has shown that it’s not interested in the modern rules-based order.”

    He warned about the “false promise of authoritarian regimes” and said countries in investment arrangements with China have found that it can be a “debt trap”.

    “There are other options out there,” Verma said.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    Wall Street slides as valuation concerns, rate-cut jitters linger

    November 18, 2025

    Wall St opens lower as valuation concerns, rate-cut jitters linger

    November 18, 2025

    They solved for the Kansas City Chiefs enforcement equilibrium

    September 5, 2025
    Leave A Reply Cancel Reply

    LATEST NEWS

    Constellation Energy slips after forecasting 2026 profit below consensus

    March 31, 2026

    Lloyd Blankfein on How Young Workers Should Spend First $5K of Savings

    March 31, 2026

    Bitcoin Price Flashes Warning as Nearly Half of Supply Sits at a Loss

    March 31, 2026

    Super Hi GAAP EPS of $0.01, revenue of $229.97M

    March 31, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.