US Planning Financial Package for the Atlantic Initiative

The United States government plans a new financial injection of 100 million dollars for an initiative of 18 countries bordering the Atlantic. On Tuesday he also called for greater cooperation in the areas of environment, economy and shipping. The countries are working together on the Atlantic Initiative to “imagine together what stronger cooperation in the Atlantic Ocean could look like,” she said. U.S-The Minister of Foreign Affairs, Antony Blinken, in a meeting with colleagues from several Atlantic countries on the sidelines of the UN general debate in New York.

The White House in Washington issued a joint statement from the 18 states, which include Senegal, Brazil, Britain, Canada and Spain. It calls for joint action against piracy, unregulated fishing and the effects of pollution and climate change.

The Atlantic offers “untapped economic potential”

The Atlantic Ocean offers “untapped economic potential, from natural resources to new technologies.” No one country can solve the cross-border challenges of the Atlantic region on its own, or seize the opportunities on its own.

“We know we cannot take for granted the free and open maritime trade that provides employment for so many of our citizens, the undersea cables that connect us, the fish stocks and wildlife that sustain us,” Blinken said Tuesday. The growing challenges and threats can only be tackled together.

If approved by Congress, the administration of President Joe Biden will allocate an additional $100 million to the effort next year, a senior US official has said. This is in addition to the $400 million spent annually on ocean initiatives in the Atlantic.

Regina Anderson

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