Source
Statement on Indo-Pacific Economic Framework for Prosperity
Institution
The White House
Short Summary
US President Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF) with a dozen initial partners: Australia, Brunei, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. The IPEF aims to strengthen US ties in this critical region to define the coming decades
for technological innovation and the global economy. Collective discussions are centered around four key areas: trade; supply chains; clean energy, decarbonization, and infrastructure; tax and anti-corruption.
for technological innovation and the global economy. Collective discussions are centered around four key areas: trade; supply chains; clean energy, decarbonization, and infrastructure; tax and anti-corruption.
Source
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