US President Joe Biden pledges $2 billion for COVAX

  • US President Joe Biden pledges $2 billion for COVAX

US President Joe Biden pledges $2 billion for COVAX

For instance, Chinese companies should be held to the same standards as those in the USA and Europe, Mr Biden said, citing publicly disclosing their corporate governance structures and abiding by anti-corruption practices as examples. We are in the midst of a fundamental debate about the future direction of our world.

"Drawing on our strengths and values as democratic, open economies and societies, we will work together and with others to make 2021 a turning point for multilateralism and to shape a recovery that promotes the health and prosperity of our people and planet", said the statement. "'America [is] back" is a slogan that would like to reassure not only U.S. citizens but allies of the North Atlantic Treaty Organisation bloc, but it demonstrates the weakness of the US. Democracy doesn't happen by accident.

Mr Biden said, specifically, the USA and its allies must be "prepared together for long-term strategic competition with China".

She also acknowledged that responding to China would be more complex because China was both a competitor and a partner in dealing with global problems like climate change.

He said America and its allies "can own the race for the future" but to do so they must be "clear-eyed". "I look forward to my meeting with President Biden, where we will work together to end the COVID-19 pandemic and support people in both our countries".

"Everyone, everyone, must play by the same rules".

"Chinese companies should be held to the same standard" as U.S. and European companies facing onerous restrictions on their presence in China, he said.

The US President on Friday interacted with G7 leaders the 2021 Virtual Munich Security Conference.

He said: "The Kremlin attacks our democracies and weaponises corruption to try to undermine our systems of governance". President Vladimir Putin "seeks to weaken the European project and our North Atlantic Treaty Organisation alliance".

The chummy relationship between Mr Biden and Mr Johnson was on full display when the British PM joked with the President that his campaign stole the British government's slogan "build back better".

Sullivan has been advising Biden to create "a position of strength" by teaming up with European allies to face the challenges posed by China and Russian Federation. It's not about pitting East against West.

Biden said he was not seeking a return to "the rigid blocs of the Cold War", insisting that the worldwide community must work together on issues like the coronavirus pandemic and climate change, even where deep disagreements exist on other issues.

On Iran, Biden reiterated his pledge to return to worldwide negotiations with Tehran over its nuclear program, but said "we must address Iran's destabilizing activities across the Middle East".

He said his administration was "prepared to re-engage in negotiations" with the UN Security Council on Tehran's nuclear programme.

But analysts also noted that while the U.S. defined democracy as essential, the Europeans did not describe it quite as centrally, focusing more on other issues instead.

He later added the USA and its allies must fight against China's abuses within the global economic system. The American president said that countries can no longer do the "bare minimum", saying that nations must "rapidly accelerate emissions commitments, hold one another accountable, and increase ambitions".

The White House said Biden has ditched Trump's controversial efforts a year ago to re-establish the G8, which became the G7 after Russian Federation was expelled in response to its seizing of the Ukrainian region of Crimea.