The second negotiating round for the Indo-Pacific Economic Framework will be held March 13-19 in Indonesia. The first negotiating round took place Dec. 10-15, 2022, in Australia, and a special round on Pillars II-IV was also held earlier this month in New Delhi, India. The Office of the U.S. Trade Representative and the Department of Commerce state that additional details on the Indonesia round will be provided at a later date.
IPEF was launched this past spring with the aim of strengthening U.S. ties to the region and creating a stronger, fairer, more resilient economy for families, workers, and businesses. Australia, Brunei, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam are the current participants, and each of them except India has pledged to take part in all the initiative’s four pillars: trade (which India opted out of), supply chains, clean economy, and fair economy. An initial ministerial meeting held in September 2022 outlined the objectives in each of these areas.
For more information on IPEF, please contact Nicole Bivens Collinson at (202) 730-4956 or via email.
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