Indo Pacific Economic Framework

The IPEF was launched jointly by the US and other partner countries of the Indo-Pacific region on May 23 in Tokyo.

India opts out of IPEF's trade pillar; to wait for final contours

Commerce and Industry minister Piyush Goyal said that India would continue to engage with the trade track in the IPEF and will wait for the final contours to be decided on the trade pillar before it formally joins that pillar.

India to take decisions on IPEF aspects based on national interest: Piyush Goyal

Goyal expressed hope that in a day's time, IPEF would finalize a framework within which member nations could interact on different areas of mutual interest.

The resilience of China’s supply chain dominance

The IPEF does not offer a free trade agreement. It does not dangle the prospect of lower customs tariffs, either. In contrast, the China-dominated Regional Comprehensive Economic Partnership (RCEP) and even older agreements like the Association of Southeast Asian Nations (ASEAN) FTAs, do offer tariff incentives 

India will work with partners to build 'inclusive and flexible' Indo-Pacific Economic Framework: PM Modi

India on Monday joined a US-led initiative to set up an Indo-Pacific Economic Framework (IPEF) to bind partner countries to achieve common goals with Prime Minister Narendra Modi asserting that New Delhi will work towards making it an "inclusive and flexible" structure to pave the way for peace and prosperity in the region.

Indo-Pacific Economic Framework: PM Modi joins US President Joe Biden in IPEF launch

President Biden launched a new trade deal with 12 Indo-Pacific nations to strengthen their economies.