Obama will leave for a week-long trip to Asia - his 10th to the Asia Pacific region - that would take him to China and Laos. He would be the first US president to visit Laos.
In China, Obama would be attending the G-20 Summit, scheduled for September 4, which among others would be attended by the Prime Minister Narendra Modi.
Obama and Modi are likely to meet on the sidelines of the G-20 Summit, but no announcement has been made yet. Obama would meet his Chinese counterpart Xi Jinping on September 3.
"On the positive side, we'll be able to review the progress we've made on the global economy, on climate change, our shared efforts to prevent the proliferation of nuclear weapons through the Iran deal, our shared concern about the situation on the Korean Peninsula," said Ben Rhodes, the Deputy National Security Advisor.
They would also be addressing differences, in the area of cyber, some of the economic practices, tensions around maritime issues in the South China Sea and, differences on human rights as well.
After attending the G-20 Summit, Obama will fly to Laos, where he will attend the ASEAN and East Asia Summit and will have bilateral meetings with the Laos leadership.
In a speech in Laos, Obama is expected to review his Asia policy over the course of the last seven years.
The US President will also make a strong pitch for TPP
and why it is essential to American economic and security interests for Congress to move forward with approval of TPP.
Senior presidential advisor Brian Deese said US has now developed quite a significant record of working collaboratively with the Chinese on climate change.
"The Paris agreement to formally enter into force, 55 countries representing 55 per cent of global emissions must formally join. Together, the US and China represent just under 40 per cent of global emissions. So the act of our two countries joining, as and when that happens, will help move us closer to that goal," he said.
"On this year's agenda will be important issues such as reducing global excess capacity of steel, advancing the WTO Environmental Goods Agreement that eliminates trade barriers for a variety of green products, better preparing the international financial institutions to address the challenges associated with the global migration crisis, and advancing our shared climate and development agenda," he said.
"In addition to the summit, top of mind for many of the countries sitting there will be TPP, which we see as essential to both our economic opportunity in our country but also to our national security priorities.
A number of G20 countries are members of TPP and this will provide the President an opportunity to see them and to discuss how we advance that shared agenda of creating a rules-based order in the Asia Pacific that provides real opportunities to level the playing field for our workers and our firms. We look forward to a successful summit," he said.
