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Indo-Pacific

U.S.-led Indo-Pacific nations to consider emergency chip stockpile

Plan for mutual transfers of vital goods would be triggered by wars, pandemics

Members of the Indo-Pacific Economic Framework will consider sharing semiconductors and other crucial products during global emergencies to avoid reliance on China.    © Reuters

TOKYO -- The 14 nations in the U.S.-led Indo-Pacific Economic Framework will consider creating a formal system for sharing semiconductor devices, medical products and other vital supplies during international emergencies, Nikkei has learned.

IPEF countries would have mutual access to these stockpiles during events that disrupt supply chains, such as military conflicts and pandemics. Specifics will be discussed during the two-day IPEF summit in Los Angeles this week.

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