The process of refining three proposed agreements for Indo-Pacific partner countries continues.
Secretary of Commerce Gina Raimondo joined Thai leaders this week as they kicked off this year’s first ministerial meeting for the development of the Indo-Pacific Economic Framework for Prosperity (IPEF). Fourteen countries, including the United States and Thailand, are continuing to refine the terms of the trade agreements proposed by the IPEF, which will allow these powerful trading nations to mutually uphold terms for a clean and fair economy.
“I continue to be amazed by the energy and collaborative spirit that each of our IPEF partners brings to the table and by how much we have accomplished together in such a short time,” said Secretary Raimondo. “This framework did not exist less than two years ago. And now, from completing the legal review of the proposed Clean Economy and Fair Economy Agreements and the Agreement on IPEF, to bringing the Supply Chain Agreement into force and launching additional meaningful initiatives, it’s clear that the next phase of IPEF will continue to deliver concrete results for each of our economies.”
As the Lord Leads, Pray with Us…
- For the commerce secretary and U.S. officials participating in international economic meetings and agreements.
- For the president and members of his administration as they craft and collaborate on partnerships with other nations.
Sources: Department of Commerce
