From the enduring Indo-Pacific vision championed by Prime Minister Shinzo Abe—recipient of the World Leader for Peace and Security Award—emerges a bold new initiative to forge a New Economic Alliance among trusted partners. This initiative builds upon Abe’s strategic framework, uniting countries such as the United States, Japan, India, South Korea, and Vietnam in a rules-based, transparent, and innovation-driven economic collaboration.
In recent remarks at the American Bankers Association, U.S. Treasury Secretary Scott Bessent emphasized the urgency of confronting global economic threats and reducing dependence on authoritarian systems. His call for coordinated trade strategies among Indo-Pacific democracies—particularly the U.S., Japan, India, Vietnam, and South Korea—marks a significant step toward realizing Abe’s vision of an interconnected and resilient regional framework.
The proposed New Economic Alliance is not only about trade—it is about trust, technological cooperation, and shared democratic values. As AI and digital infrastructure reshape the future of governance and the global economy, this alliance can become a pillar of stability and prosperity in an increasingly volatile world.
Prime Minister Shinzo Abe and Yasuhide Nakayama
https://www.msn.com/en-in/news/world/how-scott-bessent-fought-back-the-panicans-to-save-the-world-economy/ar-AA1CMn1U