U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai today announced that they will co-host an Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial in Los Angeles, California on September 8-9, 2022. The first in-person Ministerial builds on the constructive virtual meetings with 13 Indo-Pacific partners held this year before and after President Biden...

Today, Secretary of Commerce Gina Raimondo and Minister of Economy, Trade and Industry of Japan Koichi Hagiuda met following the inaugural Economic Policy Consultative Committee (EPCC, or Economic “2+2”) to discuss next steps to make progress on shared goals established through the 2+2 and other bilateral initiatives such as the Japan-U.S. Commercial and Industrial Partnership . The Secretary also...

Yesterday, United States Trade Representative Katherine Tai and Secretary of Commerce Gina Raimondo hosted a virtual ministerial as the Biden Administration continues to develop the Indo-Pacific Economic Framework for Prosperity (IPEF). The ministers had positive and constructive discussions and reaffirmed their collective goal to pursue a high-standard and inclusive economic framework through...

Secretary of State Antony J. Blinken and Secretary of Commerce Gina M. Raimondo will co-host the inaugural ministerial meeting of the U.S.-Japan Economic Policy Consultative Committee (EPCC, or the Economic “2+2”) with Japanese Foreign Minister Hayashi Yoshimasa and Minister of Economy, Trade, and Industry Hagiuda Koichi on Friday, July 29, at 9:00 a.m. ET. Through the EPCC, the United States and...

On Tuesday, July 26, United States Trade Representative Katherine Tai and Secretary of Commerce Gina Raimondo will host a virtual ministerial as the Biden Administration continues to develop the Indo-Pacific Economic Framework for Prosperity (IPEF). With IPEF partners representing 40 percent of global GDP, this framework will help fuel economic activity and investment, promote sustainable and...

The United States and the 13 other Indo-Pacific Economic Framework for Prosperity (IPEF) partner countries met on July 13-14 in Singapore for the first meeting of IPEF Senior Officials and experts for each of the four IPEF pillars. The meeting included participation from all 13 IPEF partners: Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand...

Today, Secretary of Commerce Gina M. Raimondo held an introductory meeting with Minister of Foreign Affairs of the Republic of Korea Park Jin. At the outset of the meeting, Secretary Raimondo congratulated Minister Park on his recent appointment as Minister of Foreign Affairs. The Secretary and Minister also discussed her recent trip alongside President Biden to Seoul, where she and Minister of...

IPEF will strengthen our ties in this critical region to define the coming decades for technological innovation and the global economy Framework will create a stronger, fairer, more resilient economy for families, workers, and businesses in the United States and in the Indo-Pacific region Today in Tokyo, Japan, President Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF) with...

TOKYO -- On Monday, May 23, U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai hosted a virtual meeting of the Ministers from the Indo-Pacific Economic Framework for Prosperity (IPEF) to build on the momentum of today’s launch of the Framework by President Biden and discuss next steps with IPEF partners. IPEF is a 21st-century economic arrangement that will seek...

Today, Commerce Secretary Gina M. Raimondo released the below statement following the launch of the Indo-Pacific Economic Framework for Prosperity : “Today’s launch of the Indo-Pacific Economic Framework for Prosperity is a clear demonstration of the Biden administration’s commitment to pursuing economic engagement that benefits American workers, families, and businesses. This framework will...