Quad is planning to hold investment discussions in the Indo-Pacific region, apart from the summit. The meeting will involve trade and industry ministers, as well as financial institution leaders.
What is Quad and what are its objectives?
Quad Summit 2024: What is Quad? How was it formed? What is the focus of this Quad Summit? Here’s everything you need to know. Prime Minister Narendra Modi, US President Joe Biden, Japanese Prime Minister Fumio Kishida, and Australian Prime Minister Anthony Albanese met for the fourth Quad Leaders’ Summit. This year’s summit was held in Wilmington, Delaware, USA.
A ‘Farewell’ Summit
The sixth edition of the Quad Leaders’ Summit was a ‘farewell’ summit for US President Joe Biden and Japanese Prime Minister Fumio Kishida, who are set to leave their respective offices soon. Quad is a diplomatic partnership between four countries – Australia, India, Japan, and the United States.
Quad’s Objectives
The Quad nations primarily focus on the stability and prosperity of the Indo-Pacific region. According to the Australian government’s website, Quad is “committed to supporting an open, stable, and prosperous Indo-Pacific region that is inclusive and resilient.”
Countering Disinformation and Terrorism
“Quad’s positive and practical agenda is focused on delivering results for the region, addressing the most pressing challenges, including health security, climate change, infrastructure, critical and emerging technologies, cyber security, humanitarian assistance, disaster relief, maritime security, and countering disinformation and terrorism.”
Quad’s Origin
Quad originated in December 2004 in response to the tsunami in the Indian Ocean. The four countries came together to provide humanitarian and disaster relief to the affected areas. It was formalized in 2007 by then-Japanese Prime Minister Shinzo Abe. The group’s first meeting took place in 2007 on the sidelines of the Association of Southeast Asian Nations (ASEAN) summit.