Last year, President Biden announced that the United States would be exploring the development of an Indo-Pacific economic framework. The announcement was made during a virtual East Asia Summit back in October. That framework, known as IPEF, was officially launched last month. Over the intervening seven months, bits of information and broad concepts about IPEF trickled out of the administration here and there, but we didn’t know in detail what IPEF would entail. To get a better idea of what the deal includes and what it means for the region, we talk with Anna Ashton, Senior Fellow for Trade, Investment, and Innovation at the Asia Society Policy Institute.
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