We haven’t been hearing much about the Trans Pacific Partnership (TPP).
But we might be about to hear more about the Indo-Pacific Economic Framework (IPEF).
It is quietly working towards many of the goals of the ambitious TPP.
IPEF aims to establish “high-standard commitments” in four pillars: (1) Connected Economy (selected trade issues); (2) Resilient Economy (supply chains); (3) Clean Economy (clean energy, decarbonization, infrastructure); and (4) Fair Economy (tax, anti-corruption issues). Pictured is India’s Piyush Goyal with the signed supply chain agreement.

Today, approximately two years since the launch of the Indo-Pacific Economic Framework for Prosperity (IPEF) in Tokyo, the 14 IPEF partners are – Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States, and Vietnam.
Low profile, step by step the IPEF could build a solid Indo-Pacific community of nations. This has been much needed for some time now.
