ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Indo-Pacific

Indo-Pacific framework objectives take shape, but India not all in

Group's most populous member stops short of agreeing to trade 'pillar'

Fourteen countries have signed onto the U.S.-led Indo-Pacific Economic Framework. (Photo from Katherine Tai's Twitter account)

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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more