By Caribbean News Global
WASHINGTON, USA – The office of the United States Trade Representative and the US Department of Commerce today announced that a US delegation will travel to Busan, South Korea, for the fourth negotiating round of the Indo-Pacific Economic Framework (IPEF) from July 9-15, 2023.
The US interagency delegation will be co-led by Sarah Ellerman, IPEF Pillar I chief negotiator and assistant United States trade representative for Southeast Asia and the Pacific (Acting), and Sharon H. Yuan, US department of commerce counselor and chief negotiator for Pillars II-IV.
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 in 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.
“At its core, the Economic Framework will link major economies and emerging ones to tackle 21st-century challenges and promote fair and resilient trade for years to come.” ~Ambassador Katherine Tai.