MOSCOW (Sputnik) — The US Treasury Department and the State Department will host Beijing for a high-level dialogue to discuss economic and strategic issues of regional and global scope.
US Secretary of State John Kerry, joined by Department of Treasury Secretary Jacob Lew, will meet with Chinese co-chairs, State Councilor Yang Jiechi and Vice Premier Wang Yang, as well as other members of the Chinese delegation and their US counterparts during the Dialogue meetings on June 22-24, 2015.
The June S&ED comes as US Congress mulls whether to pass the Trans-Pacific Partnership (TPP) free trade deal, which is set to become the largest free trade agreement to date.
The TPP would involve 12 countries from the Asia-Pacific region — Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the United States — and is expected to cover at least 40 percent of the global economy.
China is also actively promoting the regional economic integration of East Asia and has launched a separate project, the Asian Infrastructure Investment Bank (AIIB), to finance infrastructure projects in the region.
