Fighting Islamic State and the Trans-Pacific Partnership trade agreement will be key talking points when Prime Minister Malcolm Turnbull meets US President Barack Obama at The White House later this month, reported AAP.

In discussions with Mr Obama, senior Administration officials and Congressional leaders, Mr Turnbull will emphasise Australia’s enduring commitment to the alliance and in particular Australia’s ongoing commitment to an effective response to regional and global challenges, including combating IS in Iraq and Syria, the statement said.

The alliance with the United States is fundamental to Australia’s national security, the Prime Minister’s office has said.

“Our two countries are closely linked in every way – economically, culturally, historically and above all sharing the same values of freedom, democracy and the rule of law – at home and around the world.”

The two leaders are also expected to discuss the ratification and implementation of the Trans-Pacific Partnership.

“The Prime Minister shares President Obama’s enthusiasm for the transformative opportunities the TPP provides for creating jobs, higher incomes and increased wealth,” a prime minister’s office statement said.

Mr Turnbull will also deliver a national security address at the Centre for Strategic and International Studies and will promote Australia as a trade and investment destination to the US Chamber of Commerce.

President Obama extended an invitation to Mr Turnbull during last November’s economic summit in Manila.

According to theguardian, at the end of a bilateral meeting in Manila that spanned more than an hour, the Australian prime minister, Malcolm Turnbull, and the US president pledged cooperation on security issues. Turnbull declared Australia would stand “shoulder to shoulder” with the US in the fight against extremist violence.

It was the first time the two had met one-on-one in an official capacity.

Obama said they also discussed “reaching out” to Muslim communities at home to ensure people felt they were full participants in democracies in Australia and the US, and also to prevent radicalisation.

The two leaders discussed the tense situation in the South China Sea – an issue that forces Australia to delicately balance the interests of relationships with the US and Japan and the relationship with China.