Kerry's spending trip
Updated: 2013-03-05 07:55
(China Daily)
|
|||||||||
US Secretary of State John Kerry wrapped up the sixth leg of his nine-nation tour in Egypt on Sunday. It is too early to evaluate whether he has attained the objectives of his first overseas trip, but he was certainly spreading money around.
Kerry announced on Thursday in Rome that the United States would provide aid in food and medical supplies as well as an extra $60 million in nonlethal assistance to the Syrian opposition coalition. On Sunday in Cairo, Kerry continued his spending spree by pledging to provide $250 million in aid to the Middle East country.
Given the spending cuts that will come into effect in the US at the start of this month, everyone knows the US is not giving away money for nothing. Even Kerry himself cannot deny the political motivation of such assistance.
Four days before the trip, Kerry defended the need for foreign aid in the face of budgetary pressures. "Foreign assistance is not a giveaway; it is not charity. It's an investment in a strong America and a free world," he said.
While the expansion in the scale of US aid to the opposition in Syria drives home the message that Washington is accelerating its steps to realize a regime change in Syria, the US assistance to Egypt is apparently pegged to the projection of US power in the region through a stronger Egypt.
Kerry sent a clear signal during his visit to Egypt that the US wants the different forces in Egypt to realize reconciliation and maintain political stability and economic health. Any of which could prove very challenging for the Middle East country as it is facing deep-rooted hurdles.
In the Hosni Mubarak era, Washington's military and economic aid to the country stood at about $2 billion a year. So the prospects for reviving the faltering economy in Egypt with a meager $250 million, as promised by Kerry, are not at all promising.
Yet whether for the purpose of forging stronger relations with Egypt or exerting US influence in the region, Washington, even with a strapped budget, will have to open its purse once again.
Related readings:
Kerry to hold Syria talks in Rome
John Kerry wraps up visit in Britain
Kerry makes case for free trade pact
John Kerry kicks off visit to Europe, Middle East
Kerry seeks diplomacy support, warns about trimmed budget
Kerry defends US foreign-policy spending
John Kerry starts first day as US secretary of state
- Li Na on Time cover, makes influential 100 list
- FBI releases photos of 2 Boston bombings suspects
- World's wackiest hairstyles
- Sandstorms strike Northwest China
- Never-seen photos of Madonna on display
- H7N9 outbreak linked to waterfowl migration
- Dozens feared dead in Texas plant blast
- Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
TCM - Keeping healthy in Chinese way |
Poultry industry under pressure |
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
Beyond Yao
|
Money power |