(Morning News) The U.S. government announced that Indo-Pacific economic framework (IPEF) The second round of negotiations was held from March 13th to 19th and was held in Bali, Indonesia.
Reuters reported that the US Trade Representative Office and the Ministry of Commerce issued a joint statement on Sunday (March 19) saying that this is a new round of negotiations that the United States "actively" promotes the IPEF process in 2023.The themes include labor, environment, digital trade and technical assistance.
Before the negotiation, US officials announced the "first pillar" negotiation text on labor, environment, digital trade and technical assistance.
According to the US statement, the IPEF partner discussed the content of the "first pillar" text and discussed other issues on other issues raised at the IPEF conference in Brisbane and New Delhi earlier.
The Office of the US Trade Representative and the Ministry of Commerce will announce more details of the next round of IPEF face -to -face negotiations in the next round of IPEF.
U.S. President Bayeng proposed an IPEF economic initiative in May 2022, aiming to fight against China ’s efforts to expand its economic influence in the Indo -Pacific region.