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While there is interest among regional governments, the Indo-Pacific Economic Framework faces questions about its viability. Biden’s ability to deliver, incentives for joining, who gets invited, whether it offers any distinct value, and the role of China are all in doubt.
Regional economic alliances set to intensify China-US rivalry in Asia
WASHINGTON (Reuters) -U.S. Trade Representative Katherine Tai on Thursday declined to say if Taiwan would be invited to join the Biden administration's Indo-Pacific economic plan, spurring Senate criticism that excluding the island would be a missed opportunity. Taiwan has voiced its desire to be a "full member" in the forthcoming Indo-Pacific Economic Framework (IPEF), one part of the administration's effort to counter what it says is Beijing's increasing economic and military coercion in the region. The administration says the still fledgling IPEF aims to be inclus...
Ukraine and Russia and transatlantic responses. the Governments of the US and Republic of Korea announced the formal addition of South Korea to the growing global coalition of nations implementing stringent export control policies opposing Russia’s conflict with Ukraine.
Ukraine and Russia and transatlantic responses. the Governments of the US and Republic of Korea announced the formal addition of South Korea to the growing global coalition of nations implementing stringent export control policies opposing Russia’s conflict with Ukraine.