Since its launch, the IPEF Partners have engaged in intensive discussions to scope out each of the framework's four pillars, covering Trade; Supply Chains; Clean Economy; and Fair Economy respectively.

Since its launch in May, IPEF countries have engaged in intensive discussions to scope out each pillar of the Framework: Trade; Supply Chains; Clean Economy; and Fair Economy. These four pillars collectively comprise a framework that represents a shared vision for an open, connected, prosperous, and resilient Indo-Pacific region.

⇒ Read the August 2024 U.S. List of Critical Sectors and Key Goods for Potential Cooperation under the IPEF Supply Chain Agreement for Pillar II. ⇒ Read the Entry Into Force Announcement. ⇒ Read the IPEF Pillar II Final Text. ⇒ Read the Joint Press Statement on the Substantial Conclusion of IPEF Supply Chain Agreement Negotiations.

From December 10-15, 2022, the United States met with all IPEF Partners for the first full IPEF negotiating round in Brisbane, Australia. The round saw the introduction of initial text for all four pillars and widespread enthusiasm among the Partners for the negotiation of an ambitious, sustainable, and durable agreement.

Sep 9, 2022 · At the conclusion of the Senior Officials and Ministerial meetings, the partners reached consensus on ministerial statements for each of the four IPEF pillars: Trade; Supply Chains; Clean Economy; and Fair Economy.

Nov 16, 2023 · The IPEF Council would consider matters affecting the collective operation of the agreements related to the four IPEF pillars, as well as considering the possibility of adding new members or new agreements.

Ipef Pillar IV – Fair Economy The proposed IPEF Fair Economy Agreement targets three areas through commitments to: (i) prevent and combat corruption and related financial crimes; (ii) improve tax administration, tax transparency and the exchange of information, and domestic resource mobilization; and (iii) increase cooperation, information ...

Feb 11, 2023 · The IPEF is comprised of four pillars that collectively comprise a framework that represents a shared vision for an open, connected, prosperous, and resilient Indo-Pacific region. IPEF Partner engagement will continue and details on the next in …

Jul 31, 2023 · IPEF focuses on forging innovative partnerships across distinct pillars through the negotiation of four separate agreements: (I) Trade, (II) Supply Chains, (III) Clean Economy, and (IV) Fair Economy. On behalf of the U.S. Government, the U.S. Department of Commerce leads on Pillars II, III and co-leads on certain provisions in Pillar IV, while ...

The Joint Commission would monitor work under the agreements negotiated under Pillars II-IV, with a view to identifying ways to reduce duplication and potential conflicts and enable work between or across those agreements.