U.S. Is Committed to Western Alliances, Pompeo Says

“I’m happy to report that the death of the trans-Atlantic alliance is grossly overexaggerated,” Secretary of State Mike Pompeo said

MUNICH—The U.S. will commit up to $1 billion to Central and Eastern European countries’ power-generation initiatives in an effort “to galvanize private sector investment in their energy sectors,” Secretary of State Mike Pompeo said here Saturday.

The secretary characterized the funding as a “statement of our support for the sovereignty, prosperity, and energy independence of our European friends.” The funding would be administered via the International Development Finance Corporation, an independent U.S. agency, Mr. Pompeo...

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