Sunday, May 19, 2024
spot_img
HomeBusinessUnited States to participate in sixth IPEF negotiating round in Kuala Lumpur

United States to participate in sixth IPEF negotiating round in Kuala Lumpur

WASHINGTON, USA – The Office of the United States Trade Representative and the US Department of Commerce announced that a US delegation will travel to Kuala Lumpur, Malaysia, from October 15-24 for the sixth negotiating round of the Indo-Pacific Economic Framework for Prosperity (IPEF).

In Malaysia, 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 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, 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, 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, followed by a fifth negotiating round held in Bangkok, Thailand from September 10-16, 2023.

 

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

Eight out of ten Latin Americans support regional integration – a record number

USA / LATIN AMERICA - A new study by the Inter-American Development Bank (IDB) shows that 79 percent of Latin Americans support their country’s...

Global News

Slower growth could lead to rate cuts this summer

By BDC MONTREAL, Canada - Canadian economic activity is slowing. After the 0.5 and 0.2 percent rises in GDP in the first two months of 2024, growth in March was forecasted to...