We, U.S. Secretary of Commerce Gina Raimondo; Japanese Minister of Economy, Trade, and Industry Saito Ken; and Republic of Korea (ROK) Minister of Trade, Industry, and Energy Ahn Duk-geun met in Washington today for the inaugural meeting of Commerce and Industry Ministers. United by the vision established by our three leaders at their historic Trilateral Summit at Camp David on August 18, 2023, we...

Since President Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF) just two years ago, the United States and the 13 other IPEF partners have worked together to deepen long-term regional economic engagement. In that short time, this group of diverse partners have taken IPEF from a vision to three innovative economic cooperation agreements. At the Ministerial meeting in...

Alongside the Indo-Pacific Economic Framework for Prosperity (IPEF) ministerial meetings in Singapore, U.S. Secretary of Commerce Gina Raimondo and Australian Minister for Trade and Tourism, Senator the Honourable Don Farrell, met on June 6, 2024, for the third annual ministerial meeting of the Australia-United States Strategic Commercial Dialogue. The Secretary and Minster reiterated the value of...

Raimondo met with the IPEF partners to advance progress on Pillars II, III, and IV – the Supply Chain, Clean Economy, and Fair Economy pillars – and to kick-off the inaugural Clean Economy Investor Forum with 22 U.S. companies, driving sustainable infrastructure & clean technology investments in the region. This week, U.S. Secretary of Commerce Gina Raimondo traveled to Singapore to participate in...

Today, approximately two years since the launch of the Indo-Pacific Economic Framework for Prosperity (IPEF) in Tokyo, Japan, the 14 IPEF partners – Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States, and Viet Nam – announced significant new achievements related to the IPEF Agreement Relating to...

Today, U.S. Secretary of Commerce Gina Raimondo welcomed the announcement that the IPEF Upskilling Initiative has already delivered over 10.9 million in-person, hybrid, and online upskilling opportunities, surpassing its goal of providing 7 million opportunities by 2032. Specifically, the Initiative has supported over 5.2 million women and girls across the eight participating IPEF partner...

IPEF Partners Announce $23B of Sustainable Infrastructure Investment Opportunities at Inaugural Clean Economy Investor Forum On June 6, 2024, approximately two years since President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF), the United States joined its 13 IPEF partners – Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia...

Raimondo will meet with IPEF partners to advance progress on Pillars II, III, and IV – the Supply Chain, Clean Economy, and Fair Economy pillars – and to kick-off the Inaugural Clean Economy Investor Forum with 22 U.S. companies, driving sustainable infrastructure & clean technology investments in the region. U.S. Secretary of Commerce Gina Raimondo will travel to Singapore from June 3 to June 6...

Today, Secretary of Commerce Gina Raimondo met with Thailand’s Deputy Prime Minister and Minister of Foreign Affairs Parnpree Bahiddha-Nukara. During the meeting, Secretary Raimondo underscored the importance of Thailand’s contributions and participation in the Indo-Pacific Economic Framework for Prosperity (IPEF). In particular, the two discussed ways to work together to strengthen economic ties...

The U.S. Department of Commerce today announced that the Indo-Pacific Economic Framework for Prosperity (IPEF) Agreement Relating to Supply Chain Resilience, generally referred to as the Supply Chain Agreement, will enter into force on February 24, 2024. This is a critical step in bringing the landmark, first-of-its kind agreement into action and promoting coordination among the IPEF partners on...