(Washington / Tokyo Composite Electric) The new economic circle concept of the "Indo -Pacific Economic Framework" ministerial meeting of the New Economic Circle, including the United States and Japan, is scheduled to be held in Los Angeles, USA from September 8th to 9th.
Japanese government sources revealed that this is the first face -to -face ministerial meeting after the establishment of the Indo -Pacific Economic Framework (IPEF) in May.The meeting will be chaired by US trade representative Dai Qi and US Secretary of Commerce Raymond. Japan is arranging the meeting on the meeting on Minister of Economy and Industry Nishimura.
14 member states will formally negotiate and formulate four four such as "trade containing digital economy", "semiconductor and other important materials", "carbon reduction and clean energy, infrastructure construction", "tax system and anti -corruption" and other fourRules of large areas.Member states can freely choose which areas to participate in which areas to participate.
In addition to requiring the wide limit of the application of the applicable rules, some Asianan countries also require understanding of the legal systems of various countries and taking care of technical cooperation.Especially in the digital field, whether it can reach a consensus on the high standards required by the United States, it will become the focus of this meeting.
Do not discuss tariffs and exemptions
According to the report of Kyodo News Agency, considering the impact on the American industry, the United States will not discuss issues that abolish or reduce tariffs on tariffs like cross -Pacific partners' comprehensive progress agreement (CPTPP).
Bayeng government has stated that IPEF will not be a traditional free trade agreement involving tariff commitments.However, under the market access and reduction of tariffs without traditional trade agreements, it is difficult to see the benefits of joining the Indo -Pacific economic structure in Asia, which is expected to expand the export of the United States.Essence
In order to fight against China's "Belt and Road" economic circle and curb the influence of China in the Indo -Pacific region, the United States tries to use the IPEF framework its IPEF framework to reshape the region's economic pattern to fill the United States' diplomacy and political in the Indo -Pacific regionThe vacancies in safety are comprehensively blocked in China.
Analysis believes that countries in this region are generally worried that IPEF is not a sincere or thoughtful economic plan, but mainly a political strategy to fight against China.India, South Korea, Singapore, etc. have repeatedly emphasized that their vision for the establishment of IPEF is "free, open, and inclusive India."
Smith, director of international economic policy research at the American Think Tank Action Forum, predicts that if it does not include market access, the framework is unlikely to affect the trade flow between the United States and another 13 countries.
IPEF's 14 members include the United States, Japan, South Korea, India, India, Australia, New Zealand, Fiji, and Brunei, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
