NEW YORK -- Economic ministers from Indo-Pacific nations laid out primary objectives for an economic framework at the end of a two-day meeting in Los Angeles on Friday, but India has not yet endorsed one of the partnership's key elements.
The 14-member Indo-Pacific Economic Framework (IPEF), which represents 40% of global gross domestic product and 28% of goods and services trade, has outlined four pillars to focus on. The pillars span supply chains, clean energy and anticorruption efforts.
