IPEF nations to pursue first economic agreements in U.S. meeting
Indo-Pacific bloc seeks concrete measures to cut China reliance in chips, metals.
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The economic and supply chain leg of the US led containment. Everything they pursue today is targeted at the PRC with Japan and Australia as deputy chiefs of US interests in the Asia Pacific.
United States to Participate in Fourth Indo-Pacific Economic Framework (IPEF) Negotiating Round in South Korea
WASHINGTON—The Office of the United States Trade Representative and the U.S. Department of Commerce today announced that a U.S. delegation will travel to Busan, South Korea, for the fourth negotiating round of the Indo-Pacific Economic Framework (IPEF) from July 9-15, 2023.
The U.S. interagency delegation will be co-led by Sarah Ellerman, IPEF Pillar I Chief Negotiator and Assistant United States Trade Representative for Southeast Asia and the Pacific (Acting), and Sharon H. Yuan, U.S. Department of Commerce Counselor and Chief Negotiator for Pillars II-IV.
The was held in Brisbane, Australia, from December 10-12, 2022, followed by a on Pillars II-IV in New Delhi, India, from February 8-11, 2023.
The was held in Bali, Indonesia from March 13-19, 2023, followed by the in Singapore from May 8-15, 2023.
On May 27, the IPEF partners met in Detroit, Michigan, for a in which they acknowledged the progress made in Pillars I (Trade), III (Clean Economy) and IV (Fair Economy) and the substantial conclusion of negotiations on a landmark IPEF Supply Chain Agreement under Pillar II.
Additional details regarding the upcoming fourth negotiating round in Busan, South Korea, will be released at a later date.
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