Inaugural Korea-Pacific Islands Summit comes amid Seoul’s concerns over China’s growing influence in Indo-Pacific.
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Deal is likely to be a blow to China, which has made a concerted effort to increase its influence in Micronesia.
China has stepped up pressure on Taiwan since Tsai Ing-wen was first elected president of the self-ruled island in 2016.
Partnership deal signed by 14 nations follows historic summit at the White House and comes as China extends influence.