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The 14 members of the Indo-Pacific Economic Framework (IPEF) have reached a consensus on three key initiatives—supply chains, clean energy transitions, and the clean economy, according to US President Joe Biden. The IPEF, launched in May 2022, includes countries such as Australia, India, Japan, the United States, and others.
The Forum was co-hosted by US Secretary of Commerce Gina Raimondo and Senior Advisor to the President Amos Hochstein with the discussion centred on collaborative actions and shared priorities to increase private investment in the Indo-Pacific.
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American anxiety over trade has forced President Joe Biden to cancel the full announcement of his central trade policy for the Indo-Pacific region, the...
IPEF has 14 members, including India, Australia, the US, Japan, Fiji, South Korea, New Zealand, Singapore and Thailand, representing 40% of the global gross domestic product and 28% of the global trade in goods and services.
IPEF members include India, Australia, the U.S., Japan, Fiji, Brunei, Korea, New Zealand, Singapore, Indonesia, Malaysia, Vietnam, Philippines and Thailand.