(Tokyo Comprehensive Electric) The initial member of the Indo -Pacific Economic Framework (IPEF) believes that this initiative is crucial to strengthen regional cooperation and ensure that the Indo -Pacific region continues to achieve growth, peace and prosperity.Nevertheless, I hope that the United States will return to the Cross Pacific Partnership Agreement (TPP).

Japanese Prime Minister Kishida Wento welcomed IPEF at the United States at the joint press conference on Monday.He pointed out that IPEF provides a platform to provide positive discussions and cooperation for the United States and Asians to achieve substantial results, which is very important.

Kishida said that Japan will "participate and cooperate" a new framework.However, he also showed: "From a strategic point of view, Japan still wants the United States to return to TPP."

South Korean President Yin Xiyue attended the IPEF launching summit by video connection, saying that this plan is a reflection of unity and cooperation in the rapid economic environment in the region.As the global impact of crown disease epidemic and supply chain bottlenecks, member states gathered together in order to seek the sustainable development of the Indo -Pacific region, which is happy.

Yin Xiyue said that I hope that IPEF can operate in the principle of openness, tolerance and transparency, and all parties can work together to create a common prosperity era in the Indo -Pacific region.He promised that South Korea will do his best, including sharing experience with all parties in all areas covered by the framework, and cooperate with all parties, and at the same time propose cooperation plans in the fields of consolidating supply chains, digital transformation, new energy, and carbon.

Indian Prime Minister Modi said at the launching summit, thanking the US President Biden for proposed this "important initiative" and promised to cooperate with the United States and other partners to establish an IPEF of "tolerance and flexibility".

Modi said that the Indo -Pacific region has always been a manufacturing, economic activities, trade and investment hubs, and in history, India has always been the center of regional trade flow.He emphasized that it is necessary to seek a plan for innovation for regional economic challenges. IPEF reflects the common desire of many countries in the region to make the Indo -Pacific region a global economic growth engine.

Modi pointed out that trust, transparency, and timely are the three foundations of the elastic supply chain. "I believe this framework helps strengthen these three pillars and put the Indo -Pacific region on the road of progress, peace and prosperity."

The Minister of International Trade and Industry of Malaysia Azmin also expressed optimism about the IPEF prospects.He posted a post on Monday that this would deepen the economic connection between regional partners and let countries work together to build a free, open, fair, tolerance, interconnection, toughness, security and prosperity.