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WASHINGTON (AP) — The Biden administration is seeking to shore up ties with countries in the Indo-Pacific in its waning days in office by sending to Congress three key agreements that would cement relations with critical allies and partners in a region increasingly dominated by China.
The US-led Indo-Pacific Economic Framework (IPEF) marks the latest attempt by Washington to counter China's rising influence in global supply chains, but strong incentives remain for businesses in ...
Joe Biden's new economic initiative for the Indo-Pacific region, which is set to be unveiled in the coming days, is being viewed as "a cold war strategy" that will bring "sharp challenges" to ...
President Joe Biden launched a new trade deal with 12 Indo-Pacific nations Monday aimed at strengthening their economies as he warned Americans worried about high inflation that it is "going to be ...
The Indo-Pacific Economic Framework for Prosperity (IPEF) is an economic initiative launched by U.S. President Joe Biden on May 23, 2022. [ 1 ] [ 2 ] The framework launched with fourteen participating founding member nations in the Indo-Pacific region with an open invitation for other countries to join.
The proposal still has a long way to go before coming into force
This alignment influenced perceptions of the Indo-Pacific policy, subsequently increasing U.S. interest in the country. [16] The India-Bangladesh relationship is crucial for the U.S.-led Indo-Pacific strategy, especially in the context of U.S. ally Japan's engagement with ASEAN and the Quad, as a counter to China's Belt and Road Initiative (BRI ...
Indo-Pacific. The green circle covers ASEAN.. Free and Open Indo-Pacific (FOIP; Japanese: 自由で開かれたインド太平洋, romanized: jiyū de hirakareta Indotaiheiyō) [1] is an umbrella term that encompasses Indo-Pacific-specific strategies of countries with similar interests in the region. [2]