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Indo-Pacific Economic Framework

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United States to Participate in Fourth Indo-Pacific Economic Framework for Prosperity (IPEF) Negotiating Round in South Korea

Press releases
The U.S. Department of Commerce and the Office of the United States Trade Representative today announced that a U.S. delegation will travel to Busan, South Korea, for the fourth negotiating round of the Indo-Pacific Economic Framework (IPEF) from July 9-15, 2023. The U.S. interagency delegation will be co-led by Sharon H. Yuan, U.S. Department of Commerce Counselor and Chief Negotiator for Pillars...

Joint Statement: The U.S. Department of Commerce and Singapore Ministry of Trade and Industry Meet for the Second U.S.-Singapore Partnership for Growth and Innovation Annual Dialogue

Press releases
Export and Investment Promotion, ICT Supply Chain, Manufacturing, Clean Energy, Standards U.S. Under Secretary of Commerce for International Trade Marisa Lago and Singapore Permanent Secretary (Policy) of the Ministry of Trade and Industry Gabriel Lim met in Singapore on Monday for the second U.S.-Singapore Partnership for Growth and Innovation (PGI) annual dialogue. The PGI is a bilateral...

Substantial Conclusion of Negotiations on Landmark IPEF Supply Chain Agreement

Press releases
The proposed IPEF Supply Chain Agreement would make our supply chains more resilient and competitive, and would establish a framework for lasting cooperation on issues like workforce development, supply chain monitoring, investment promotion, and crisis response. Completing negotiations on the IPEF Supply Chain Agreement is a major achievement in support of the President’s Indo-Pacific Strategy...

Press Statement on the Substantial Conclusion of IPEF Supply Chain Agreement Negotiations

Press releases
Today, the 14 partners of the Indo-Pacific Economic Framework for Prosperity (IPEF) –Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States, and Viet Nam – announced the substantial conclusion of the negotiations of a first-of-its-kind international IPEF Supply Chain Agreement at the IPEF...

Press Statement for the Trade Pillar, Clean Economy Pillar, and Fair Economy Pillar

Press releases
Recalling the successful launch of the Indo-Pacific Economic Framework for Prosperity (IPEF) in May 2022, today, the IPEF partners met in Detroit, Michigan for a ministerial meeting. The IPEF partners released summaries of the ministerial meeting for Pillars I, III, and IV as provided below. Pillar I (Trade) The United States, Australia, Brunei Darussalam, Fiji, Indonesia, Japan, Republic of Korea...

Joint Statement – Second Annual Australia-U.S. Strategic Commercial Dialogue

Press releases
Minister for Trade and Tourism, Senator the Honourable Don Farrell and Secretary of Commerce Gina Raimondo met on May 26, 2023, in Detroit, Michigan, for the second annual ministerial meeting of the Australia-U.S. Strategic Commercial Dialogue (SCD). Both reinforced the value of the Dialogue as a key bilateral mechanism to advance shared geoeconomic and commercial interests across the nexus of...

Readout of Secretary Raimondo’s Meeting with Australian Minister for Trade and Tourism Don Farrell

Press releases
DETROIT, MI – Today, Secretary Gina Raimondo and Australian Minister for Trade and Tourism Don Farrell held the second Ministerial meeting of the U.S.-Australia Strategic Commercial Dialogue (SCD). During their meeting, the Secretary and Minister re-affirmed the vital importance of the U.S.-Australia commercial relationship and the SCD as a forum to promote coordination and address global economic...

Joint Statement for the Second Ministerial Meeting of the Japan-U.S. Commercial and Industrial Partnership (JUCIP)

Press releases
On May 26th, 2023, Secretary of Commerce Gina M. Raimondo and Minister of Economy, Trade and Industry Nishimura Yasutoshi held the second Ministerial Meeting of the Japan-U.S. Commercial and Industrial Partnership (JUCIP) in Detroit, Michigan. As both countries and the global economy face a range of economic challenges and uncertainties, the Secretary and the Minister reaffirmed that deepening...

Joint U.S. Department of Commerce and USTR Readout of Third Indo-Pacific Economic Framework Negotiating Round in Singapore

Press releases
The U.S. Department of Commerce (Commerce) and the Office of the United States Trade Representative (USTR) participated in the third negotiating round for the Indo-Pacific Economic Framework for Prosperity (IPEF) in Singapore from May 8-15, 2023. The U.S. delegation was co-led by Sharon H. Yuan, U.S. Department of Commerce Counselor and IPEF Pillars II-IV Chief Negotiator, and Sarah Ellerman, IPEF...