From left, Japanese Prime Minister Fumio Kishida, US President Joe Biden and Indian Prime Minister Narendra Modi at the introduction of the Indo-Pacific Economic Framework in Tokyo on May 23. Photo: Reuters
From left, Japanese Prime Minister Fumio Kishida, US President Joe Biden and Indian Prime Minister Narendra Modi at the introduction of the Indo-Pacific Economic Framework in Tokyo on May 23. Photo: Reuters

Under construction: Building the US-led Indo-Pacific Economic Framework, pillar by pillar

  • Negotiations on the details of IPEF, the economic component of the US strategy to counter China in the region, start on Thursday in Los Angeles
  • Fourteen nations will work on four policy areas, or ‘pillars’ – trade, supply chain; clean energy; and anti-corruption – though analysts wonder how much buy-in the US will get

From left, Japanese Prime Minister Fumio Kishida, US President Joe Biden and Indian Prime Minister Narendra Modi at the introduction of the Indo-Pacific Economic Framework in Tokyo on May 23. Photo: Reuters
From left, Japanese Prime Minister Fumio Kishida, US President Joe Biden and Indian Prime Minister Narendra Modi at the introduction of the Indo-Pacific Economic Framework in Tokyo on May 23. Photo: Reuters
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