SouthAsiaSource
Jun 1, 2022
Experts react: Biden’s new Indo-Pacific Economic Framework
By
Atlantic Council
Introduced during Biden’s first Asian tour in Japan earlier this week, the Indo-Pacific Framework, or IPEF, is a US-led framework for an economic partnership between members of the Quad along with Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, South Korea, and New Zealand. The framework is a means for the countries to solidify their relationship and engage in economic and trade matters concerning the Indo-Pacific region. The IPEF comes five years after the US withdrawal from the Trans-Pacific Partnership and is seen as a means to counter China’s dominance in the region and reassert American influence.
