US Moves Toward New ‘Framework’ For Trade With Indo-Pacific Region



Rob Garver | VOA News

WASHINGTON — The Biden administration is expected in the next several weeks to announce plans for an “Indo-Pacific economic framework,” marking the culmination of months of work to reinstate the United States as a counterweight to China and as a major player in developing the trade rules that govern the region.

U.S. business and trade groups have been anxious for the administration to establish itself as a presence in Indo-Pacific trade discussions, five years after the Trump administration formally removed the United States from the Trans-Pacific Partnership, a comprehensive trade agreement that the Obama administration had worked for years to complete.

In October, the White House released a statement from President Joe Biden that said the objective of the framework would be to “define our shared objectives around trade facilitation, standards for the digital economy and technology, supply chain resiliency, decarbonization and clean energy, infrastructure, worker standards, and other areas of shared interest.”

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