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U.S. and Japan to ask ASEAN to help avert next chip crisis

Biden seeks Indo-Pacific supply chain partnership to cut reliance on China

TOKYO -- The U.S. and Japan will ask ASEAN nations to participate in a new supply chain framework designed to prevent the shortage of semiconductors and other strategic goods as they seek to reduce economic reliance on China, Nikkei has learned. 

Washington is set to come out this year with a new Indo-Pacific Economic Framework, which seeks to build a new economic sphere around trusted partners with shared values such as freedom and democracy. Details of the plan have yet to be released.

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