IPEF Negotiators Talk Environment, Fair Economy at Ministerial Meeting

Negotiators for prospective Indo-Pacific Economic Framework for Prosperity countries reaffirmed their "shared commitment to ambitious outcomes in Pillars III (Clean Economy) and IV (Fair Economy) as quickly as possible," at an IPEF virtual ministerial meeting hosted by U.S. Secretary of Commerce Gina Raimondo on June 29. The meeting included representatives from Australia, Brunei, Fiji, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Republic of Korea, Singapore, Thailand, and Vietnam, the Commerce news release said. IPEF members also discussed "the importance of delivering concrete benefits, including technical assistance and capacity building, to support future implementation of the high standard commitments envisioned" for the clean and fair economy pillars, the news release said.