On March 1, 2024, the Office of the United States Trade Representative (USTR) published President Biden’s 2024 Trade Policy Agenda and 2023 Annual Report. This year’s agenda aims to further the cause of worker-centered trade policy, enhance the resilience of supply chains, and promote fair and sustainable trade practices. Below is a summary of
Indo-Pacific Economic Framework
IPEF Partners Conclude Negotiations of Proposed Supply Chain Agreement
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Posted in Indo-Pacific Economic Framework, Supply Chain
On Saturday, May 27, 2023, the 14 partners of the Indo-Pacific Economic Framework for Prosperity (IPEF) announced the substantial conclusion of negotiations for the IPEF Supply Chain Agreement (see U.S. Department of Commerce’s press statement here). The IPEF partners – Australia, Brunei, Fiji, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand…
USTR Releases President Biden’s 2023 Trade Policy Agenda and 2022 Annual Report
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On March 1, 2023, the Office of the United States Trade Representative (USTR) released President Biden’s 2023 Trade Policy Agenda and 2022 Annual Report. According to the report, the 2023 trade agenda will prioritize creating new opportunities for American workers and families, supporting the middle class, driving decarbonization, and creating good-paying jobs. Additionally, the…
U.S. and IPEF Partners Adopt Ministerial Statement and Negotiation Objectives
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Posted in Free Trade Agreements, India, Indo-Pacific Economic Framework, Japan, Supply Chain, Taiwan, TPP/CPTPP, Vietnam
On September 9, 2022, the United States and the Indo-Pacific Economic Framework (IPEF) partner countries – Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand and Vietnam – announced they had reached consensus on ministerial statements for each of the four IPEF framework pillars: Trade, Supply Chain, Clean…
United States Announces Formation of Indo-Pacific Economic Framework
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On May 23, 2022, the United States and several allies in the Asia-Pacific-India region announced the launch of the Indo-Pacific Economic Framework for Prosperity (IPEF) to pursue regional economic engagement. Secretary of Commerce Gina Raimondo stated, “This framework will enable the United States to expand its economic leadership in the Indo-Pacific and work with our…