US Prez Joe Biden unveils Indo-Pacific Economic Framework in Tokyo
"We are writing new rules for the 21st-century economy. We are going to have all our country's economies grow faster and fair," US President Joe Biden said.
Source: india.com
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U.S. launches Indo-Pacific economic framework in pushback to China
U.S. President Joe Biden on May 23 launched an Indo-Pacific economic initiative joined by a dozen countries including Japan, setting the stage for deeper engagement in the fast-growing region where China is expanding its clout.
Source: kyodonews.net
Biden launches Indo-Pacific Economic Framework with 13 nations including Japan
The IPEF is an attempt by the U.S. to reassert its economic leadership in the region after it withdrew from a major Asia-Pacific trade pact in 2017 under Donald Trump.
Source: japantimes.co.jp
World News Roundup: Biden, on inaugural Asia visit, says would be willing to use force to defend Taiwan; Legendary lithium riches from Bolivia's salt flats may still just be a mirage and more
Russia's invasion of Ukraine has killed thousands and displaced 14 million people, while the West's attempt to isolate Russia as punishment and Moscow's blockade of grain shipments from Ukraine's Black Sea ports, have sent the price of oil, natural gas, grains, cooking oil and fertilisers soaring. Biden's Asian economic talks include 13 countries, and no China President Joe Biden launched his plan for U.S. economic engagement in Asia on Monday, leaving it to the 13 founding countries to work out how to enforce their agreements and if China could ever join.
Source: devdiscourse.com
