U.S. to host virtual meeting on Tuesday of Indo-Pacific trade, economic ministers
WASHINGTON (Reuters) – The USA will host a digital assembly on Tuesday of officers representing the 14 nations which have joined the Indo-Pacific Financial Framework, as Washington seeks to increase its engagement with Asia.
The ministerial assembly can be hosted by U.S. Commerce Consultant Katherine Tai and Commerce Secretary Gina Raimondo, their places of work introduced in an announcement on Sunday.
President Joe Biden, who launched the IPEF in Might on a visit to Tokyo, desires to make use of it as a approach to increase environmental, labor and different requirements throughout Asia.
Washington has lacked an financial pillar to its Indo-Pacific engagement since former President Donald Trump stop a multinational trans-Pacific commerce settlement, leaving the sphere open to China to increase its affect.
Along with america, the IPEF members comprise Australia, Brunei, Fiji, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand and Vietnam.
Subjects for dialogue at Tuesday’s assembly embrace commerce, provide chains, clear power, infrastructure, taxes and combating corruption, the assertion stated.
(Reporting by Eric Beech; modifying by Diane Craft)
