This will be the first in-person ministerial meet of the IPEF since the initiative’s launch on the sidelines of the Tokyo Quad summit in May and is expected to take forward the negotiations on trade and other related issues
India’s Commerce & Industry Minister Piyush Goyal will take part in the Indo-Pacific Economic Framework (IPEF) Ministerial that will take place in Los Angeles on September 8 and 9, reported wionews.
This will be the first in-person ministerial meet of the IPEF since the initiative’s launch on the sidelines of the Tokyo Quad summit in May and is expected to take forward the negotiations on trade and other related issues.
The emergence of the grouping comes amid an aggressive China that has been weaponising trade. The initiative has 4 pillars on which future negotiations will take place–Trade, Supply Chains, Clean Energy, Decarbonization, and Infrastructure & Tax and Anti-Corruption
IPEF has 14 countries from the Indo-Pacific as its members. These are US, Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Viet Nam. The emergence of the grouping comes amid an aggressive China that has been weaponising trade. The initiative has 4 pillars on which future negotiations will take place–Trade, Supply Chains, Clean Energy, Decarbonization, and Infrastructure & Tax and Anti-Corruption.
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