Remarks: Joe Biden Meets Virtually With Leaders of India, Australia and Japan - March 12, 2021


Joe Biden Meets Virtually With Leaders of India, Australia and Japan [2021-03-12]
Joe Biden
Pacific
United States
American Rescue
6.5 percent
OECD

Joe Biden
00:00:00 - 00:00:16 ()
Hello, everyone. I wish we were able to do this in person, but it's wonderful to gather with friends even — even in this virtual format. We're reminded that we're in the midst of a global crisis, but we're going to overcome that as well.
Very Positive
Joe Biden
00:00:16 - 00:00:33 ()
The Quad group is — was created in the wake of, as you just — everyone just saw on that short film — in the wake of a crisis under my predecessor, George W. Bush, on the 204 — the 2004 tsunami.
Negative
Joe Biden
00:00:33 - 00:00:44 ()
I remember later, Mr. Prime Minister, in Japan, going and visiting that — the aftermath of that. It was devastating what you all went through.
Very Negative
Joe Biden
00:00:44 - 00:00:59 ()
And for the first time, we're convening this group as — at a leader level. And I want to thank my counterparts for joining me today: Prime Minister Morrison and Modi and Suga. You — it's good to have you all. Like I said, I wish we were doing this together.
Very Positive
Joe Biden
00:00:59 - 00:01:19 ()
The — it's also the first multilateral summit that I've had the opportunity to host as President. And on this — and on this moment, it's a purpose that I think we all are concerned about: a free and open Indo-Pacific is essential to each of our futures, our countries.
Very Positive
Joe Biden
00:01:19 - 00:01:34 ()
The United States is committed to working with you, our partners, and all our allies in the region to achieve stability. And this is a group of — particularly important because it's dedicated to the practical solutions and concrete results.
Very Positive
Joe Biden
00:01:34 - 00:01:58 ()
And, my counterparts, if you'll forgive me, I'd like to give one example of why it matters. There are many examples, but, yesterday, I signed in law the American Rescue Plan to get the American people through this pandemic and kick start our economy and our economic recovery. It's a bill that will get meaningful help into the hands of people in our country who need it the most.
Very Positive
Joe Biden
00:01:58 - 00:02:41 ()
Consequently, this week, the OECD revised up its expected rate of growth for the United States this year as a consequence of that legislation. In fact, it doubled it from 3.2 percent to 6.5 percent; the fastest rate in one-year economic growth since 1984. And it's critical because the OECD also predicted that the United States economic growth, fueled by the ARP and increased vaccinations, will be a key driver in global growth this year and our trade partners benefiting around the world as a consequence.
Very Positive
Joe Biden
00:02:41 - 00:03:03 ()
But to get this right, we all have to focus on generating domestic demand and driving sustainable global growth. And we've launching an ambitious new joint partnership that is going to boost vaccine manufacturing, and — for the global benefit — and strengthen vaccinations to benefit the entire Indo-Pacific.
Very Positive
Joe Biden
00:03:03 - 00:03:12 ()
We're establishing a new mechanism to enhance our cooperation and raise our mutual ambitions as we address accelerating climate change.
Unknown
Joe Biden
00:03:12 - 00:03:25 ()
And — and we're renewing our commitment to ensure that our region is governed by international law, committed to upholding universal values, and free from coercion.
Very Positive
Joe Biden
00:03:25 - 00:03:39 ()
We've got a big agenda ahead of us, gentlemen, as you well know, but I'm optimistic about our prospects. The Quad is going to be a vital arena for cooperation in the Indo-Pacific. And I look forward to working closely with — with all of you in the coming years.
Very Positive
Joe Biden
00:03:39 - 00:03:52 ()
And now, Prime Minister Modi, I'm kicking it over to you. And again, it's great to see you.
Very Positive