IPEF members establish ministerial council, publish texts for pillars III, IV

Indo-Pacific Economic Framework for Prosperity members on Thursday published proposed texts on the clean economy and the fair economy pillars as well as an overarching agreement creating a ministerial IPEF council set to meet annually. Ministers from the 14 IPEF countries gathered in Bangkok and virtually for their first meeting of 2024, attended by Commerce Secretary Gina Raimondo. Her department steers negotiations on the clean and fair economy pillars and oversees the framework’s Supply Chain Agreement. Talks under the trade...