India joins US-led IPEF for trade in Indo-Pacific
2 years, 7 months ago

India joins US-led IPEF for trade in Indo-Pacific

Deccan Chronicle  

New Delhi: In the presence of United States President Joe Biden in Tokyo, Prime Minister Narendra Modi on Monday announced India’s partnership in the Indo-Pacific Economic Framework for Prosperity, the US-led economic initiative that has on board the four Quad partners apart from South Korea and New Zealand and seven of the 10 Southeast Asian nations. Modi said that the IPEF was a “declaration of our collective will to make the region an engine of global economic growth” while pushing for “trust, transparency and timeliness” as the three main pillars of resilient supply chains. In his short address at the IPEF launch, PM Modi said, “The Indo-Pacific Economic Framework is a declaration of our collective will to make the region an engine of global economic growth. Therefore, it is essential that we find common and creative solutions for the economic challenges of the region.” New Delhi later said that “India was committed to a free, open, and inclusive Indo-Pacific region and believes that deepening economic engagement among partners is crucial for continued growth, peace, and prosperity.” It said India was keen to collaborate with IPEF partners.

History of this topic

India in the Indo-Pacific: Pursuing prosperity and security
2 years ago
EAM Jaishankar meets US Commerce Secretary Gina Raimondo, discusses Indo-Pacific Economic Framework
2 years, 2 months ago
India Not Part Of IPEF's Trade Pillar, Piyush Goyal Says Delhi Will Wait For Final Contours To Be Decided
2 years, 3 months ago
India not part of Indo-Pacific Economic Framework trade pillar; broader consensus yet to emerge among nations
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2 years, 6 months ago
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2 years, 6 months ago
India joins Biden’s new trade initiative for Indo-Pacific, negotiations to begin
2 years, 7 months ago

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