Quad discusses energy prices, food security, announces $50 billion for Indo-Pacific | Top points

The Quad leaders on Tuesday launched a new initiative for the Indo-Pacific that allows the partner countries to fully monitor the regional waters and announced over $50 billion of infrastructure assistance for the region over the next five years even as Prime Minister Narendra Modi said the grouping is carrying a constructive agenda and providing new energy to democratic forces. The announcement on the rollout of the Indo-Pacific Maritime Domain Awareness (IPMDA) and the funding assistance came at the second in-person Quad summit in Tokyo amid rising global concerns over China's increasingly intimidatory behaviour in the region. The key issues discussed at the summit included the overall situation in the Indo-Pacific, the crisis in Ukraine and its impact on food security, energy prices and how the Quad can navigate the pressing challenges in the region.

Quad discusses energy prices, food security, announces $50 billion for Indo-Pacific | Top points
The Quad leaders on Tuesday launched a new initiative for the Indo-Pacific that allows the partner countries to fully monitor the regional waters and announced over $50 billion of infrastructure assistance for the region over the next five years even as Prime Minister Narendra Modi said the grouping is carrying a constructive agenda and providing new energy to democratic forces. The announcement on the rollout of the Indo-Pacific Maritime Domain Awareness (IPMDA) and the funding assistance came at the second in-person Quad summit in Tokyo amid rising global concerns over China's increasingly intimidatory behaviour in the region. The key issues discussed at the summit included the overall situation in the Indo-Pacific, the crisis in Ukraine and its impact on food security, energy prices and how the Quad can navigate the pressing challenges in the region.