But the prime minister wants Australia to demonstrate a calm, mature and collaborative leadership approach in the face of these challenges.

Albanese will travel to Cambodia on Friday for the East Asia summit, the first of many strategic leader’s meetings in the next nine days.

In Phnom Penh, Albanese is expected to meet with his Cambodian counterpart Prime Minister Hun Sen and attend the ASEAN-Australia summit.

The summit comes as Cambodia and Australia mark the 70th anniversary of their diplomatic relationship.

Jobs, economic growth and regional resilience are expected to be high on the agenda.

Next week, Albanese will join leaders from the world’s top economies at the G20 summit in Bali.

It will be the second time the prime minister has travelled to Indonesia since the federal election in May.

Indonesian President Joko Widodo has invited Albanese and Indian Prime Minister Narendra Modi to deliver a keynote address at the Business 20 Summit.

Food security, energy and global health will be topics of discussion at the G20.

But the fallout from Russia’s invasion of Ukraine and the state of the global economy is also set to be a major talking point.

While Russian President Vladimir Putin will not attend, Ukrainian President Volodymyr Zelenskiy is expected to take part virtually.

United States President Joe Biden, Chinese President Xi Jinping and UK Prime Minister Rishi Sunak are also expected to attend.

The summits will be an opportunity for leaders to discuss the economic instability faced across the globe in the wake of the pandemic.

“We must work together with our international partners to tackle inflation, technical skills shortages, to tackle climate change,” Albanese told parliament on Thursday.

“That is how we can promote stability at home.”

A critical meeting between the United States and China also looms with Biden hoping to forge guidelines for competition when he meets Xi but he will be honest about US concerns, including over Taiwan and human rights, a senior administration official says.

“The president believes it is critical to build a floor for the relationship and ensure that there are rules of the road that bound our competition,” the official told reporters in a call on the meeting.

The White House said Biden will hold talks on Monday with Xi on the sidelines of the G20, their first face-to-face meeting since he became president in January 2021.

US-Chinese ties have been especially strained since US House Speaker Nancy Pelosi’s August trip to Taiwan, the self-governed democratic island that China claims as its territory.

China is the world’s second largest economy after the United States.

The United States is looking to have stable relations with China despite tensions over Taiwan, the South China Sea, trade and a host of other issues.