Indo-Pacific Economic Framework (IPEF)

The Indo-Pacific Economic Framework (IPEF) is a collaborative initiative launched by the United States and partners in the Indo-Pacific region to promote economic growth, resilience, and development. It aims to strengthen supply chains, improve trade rules, foster digital connectivity, and encourage sustainable practices. Unlike traditional trade agreements, IPEF focuses on cooperation and policy alignment rather than immediate tariff reductions. Its goal is to enhance economic stability, counterbalance China's influence, and support shared prosperity across the region through coordinated efforts on key economic issues.