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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.
But experts tell TIME that the U.S. Indo-Pacific strategy may actually be more secure than most policies, whether Washington is blue or red next year, because countering China is one of the few ...
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 ]
The Trans-Pacific Partnership (TPP), or Trans-Pacific Partnership Agreement (TPPA), was a proposed trade agreement between 12 Pacific Rim economies: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States. In the United States, the proposal was signed on 4 February 2016 but not ...
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]
In October 2023, Jakarta Globe reported that the primary reason for Indonesia's lack of interest in CPTPP was due to the government's policy of reducing imported goods in its public procurement in order to develop its domestic industry, which is incompatible with CPTPP requirements for members to eliminate over 98 percent of tariffs in the free ...
MANILA (Reuters) -The United States' Indo-Pacific strategy is unlikely to change should Donald Trump win the presidential race in November, the Philippines' longtime ambassador to Washington said ...