Japan seeks quick start to U.S.-led Indo-Pacific economic framework

Allies to work with 'like-minded countries' for Washington's alternative to CPTPP

20220505N Long Beach port

Port of Long Beach in California. The Indo-Pacific Economic Framework is part of U.S. President Joe Biden's push to build an economic sphere in the region to rival China's. © Reuters

MASAYA KATO, Nikkei staff writer

WASHINGTON -- Top Japanese and American economic officials have called for speedy implementation of Washington's proposed Indo-Pacific Economic Framework, as the U.S. seeks partners for an economic bloc to counter China's growing influence.

"We agreed that we should bring together as many like-minded countries as possible and launch it in the near future," Japanese Economy, Trade and Industry Minister Koichi Hagiuda told reporters after meeting Wednesday with U.S. Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo.

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