United States to Participate in Fifth Indo-Pacific Economic Framework for Prosperity (IPEF) Negotiating Round in Bangkok

United States to Participate in Fifth Indo-Pacific Economic Framework for Prosperity (IPEF) Negotiating Round in Bangkok
KCPullen@doc.gov
Thu, 08/10/2023 – 12:06

Export and investment promotion

FOR IMMEDIATE RELEASE

Thursday, August 10, 2023

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The U.S. Department of Commerce and the Office of the United States Trade Representative today announced that a U.S. delegation will travel to Bangkok, Thailand, from September 10-16 for the fifth negotiating round of the Indo-Pacific Economic Framework for Prosperity (IPEF).

In Bangkok, the IPEF partners will continue to make progress on negotiations towards high-standard outcomes under Pillars I (Trade), III (Clean Economy), and IV (Fair Economy).

The U.S. interagency delegation will be co-led by Sharon H. Yuan, U.S. Department of Commerce Counselor and Chief Negotiator for Pillars II-IV, and Sarah Ellerman, IPEF Pillar I Chief Negotiator and Assistant United States Trade Representative for Southeast Asia and the Pacific.

The first negotiating round was held in Brisbane, Australia, from December 10-12, 2022, followed by a special negotiating round on Pillars II-IV in New Delhi, India, from February 8-11, 2023.

The second negotiating round was held in Bali, Indonesia, from March 13-19, 2023, followed by the third negotiating round in Singapore from May 8-15, 2023.

On May 27, the IPEF partners met in Detroit, Michigan for a ministerial meeting, during which they acknowledged the progress made in Pillars I (Trade), III (Clean Economy) and IV (Fair Economy) and announced the substantial conclusion of negotiations on a landmark IPEF Supply Chain Agreement under Pillar II.

The fourth negotiating round was held in Busan, South Korea, from July 9-15, 2023.

For more information on IPEF, please visit https://www.commerce.gov/ipef.

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International Trade Administration

Tags

Indo-Pacific Economic Framework
Indo Pacific

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