NSC official: Administration expects IPEF to expand ‘over time’

The Indo-Pacific Economic Framework for Prosperity is being negotiated under the assumption that new members eventually will join, according to Nora Todd, the acting senior director for international economics and labor at the National Security Council. The U.S. wants IPEF to be inclusive, Todd said on Wednesday during a virtual discussion at the Indo-Pacific Business Forum. “We imagine it expanding over time,” she continued. “That means getting the standards and the policies and the ambition right in these negotiations at...