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The Indo-Pacific Economic Framework for Prosperity (IPEF) is an economic initiative launched by U.S. President Joe Biden on May 23, 2022. [ 1 ] [ 2 ] The framework launched with fourteen participating founding member nations in the Indo-Pacific region with an open invitation for other countries to join.
The Biden administration states that it supports a "free and open Indo-Pacific strategy". [36]: 178 In December 2021, Secretary of State Antony Blinken delivered a speech on the United States' approach to the Indo-Pacific in Jakarta. [37] On 23 May 2022, the administration released an Indo-Pacific Economic Framework.
The Regional Comprehensive Economic Partnership (RCEP / ˈ ɑː r s ɛ p / AR-sep) is a free trade agreement among the Asia-Pacific countries of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. [2]
Hook briefed Tillerson on and promoted the Free and Open Indo-Pacific Strategy, an approach by Japan and the U.S. to expand their Asia strategies to include India and the Persian Gulf, within the Trump administration. [7] In 2018 Pompeo set up the Iran Action Group to coordinate and run U.S. policy toward Iran with Hook as its head. [8]
Indo-Pacific biogeographic region map The Indo-Pacific strategy is the U.S. Government's vision for a free, open, and secure Indo-Pacific region in which countries of the Indo-Pacific are empowered to tackle 21st-century challenges and seize emerging opportunities. [ 1 ]
English: Statement from National Security Advisor Robert C. O’Brien, declassifying U.S. Strategic Framework for the Indo-Pacific (February 2018) Publication date 5 January 2021
Shortly after Indonesia's ratification of the agreement, Australia's Monash University revealed plans to open a campus in Indonesia, becoming the first foreign university to do so in Indonesia. [20] Indonesian economic observers remarked that the free trade agreement may lead to increased imports of agricultural products, primarily Australian ...
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