The United States today hosted the "Indo -Pacific Economic Framework" ministerial meeting, involving a number of issues such as trade and supply chain

Author:Global Times Time:2022.07.26

[Global Times Special Journalist in the United States] According to Reuters, on the 24th, the US government will host a video conference participated in the "Indo -Pacific Economic Framework" (IPEF) member states on the 26th. In a statement issued by the Office of the U.S. Trade Representative and the Minister of Commerce, the Ministerial Conference will be chaired by the US trade representative Dai Qi and the Minister of Commerce Raymond. Infrastructure, taxation and anti -corruption.

On May 23 this year, the "Indo -Pacific Economic Framework" (IPEF) was launched in Tokyo. Picture source: Visual China

IPEF members include the United States, Australia, Brunei, Fiji, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and Vietnam. Reuters said that since former US President Trump withdrew from the Cross Pacific Partnership Agreement (TPP), the US government lacked economic pillar in contact with the Indo -Pacific countries, allowing China to expand its influence. To this end, US President Biden launched the "Indo -Pacific Economic Framework" when he visited Japan in May this year.

According to the website of the U.S. Trade Representative Office, from July 13th to 14th, the United States and other 13 IPEF member states have held the first senior officials and expert meetings in Singapore. All countries discussed the substantive content of the imagination in the framework and decided to continue to keep in close contact in the next few months.

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