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ARTICLE · 27 FEBRUARY 2023

The Indo-Pacific Economic Framework In 2023: What To Look For This Year

Crowell & Moring LLP
Crowell & Moring LLP
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Crowell & Moring LLP

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From February 8 - 11, 14 nations met in New Delhi, India for a special negotiating round for the Indo-Pacific Economic Framework for Prosperity (IPEF). The Department of Commerce...

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  • From February 8 - 11, 14 nations met in New Delhi, India for a special negotiating round for the Indo-Pacific Economic Framework for Prosperity (IPEF). The Department of Commerce led these talks on behalf of the United States with a focus on advancing the framework's supply chains, clean economy, and fair economy pillars.
  • The IPEF is the centerpiece of the Biden-Harris Administration's economic strategy in the Indo-Pacific. The talks convened 14 nations (Australia, Brunei, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, Vietnam, and the U.S.) that collectively represent 40% of all global trade. More information on the Framework's vision, goals, and pillars can be found at CMI's prior post on the IPEF.

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