Negotiating members of Indo

South Korea and other negotiating members of the United States-led Indo-Pacific Economic Framework (IPEF) have reached a consensus on two additional sectors of the agreement, energy and fair economy, Seoul's trade ministry said Thursday.
The IPEF was launched by US President Joe Biden in 2022 in a move to counter China's growing influence in the region, which involves a total of 14 member nations, including South Korea, Australia, India, Japan, Singapore, Thailand and Vietnam.
Among the initiative's four sectors, the agreement on the supply chain resilience pillar was reached in May.
The clean energy pillar is anticipated to pave the way for participating nations to enhance collaboration in the pursuit of sustainable energy sources and reducing gas emissions.
The fair economy segment focuses on strengthening protection for whistleblowers against corruption and taking punitive actions against illegal activities in government procurement.
Members now have only the trade pillar remaining in the IPEF negotiations and have agreed to continue talks on the segment next year, according to the Ministry of Trade, Industry and Energy.
"Currently, we have made significant progress in detailed sectors of the trade pillar through a series of negotiations," the ministry said in a statement. "However, there was consensus among the participants that additional talks are needed."
The IPEF members represent around 40 percent of global gross domestic product, and 28 percent of global goods and services trade, according to government data. (Yonhap)
相关文章
Seoul shares open higher on Fed's rate pause hopes
Seoul shares opened higher Monday amid increasing hopes the US Federal Reserve is set to end its rat2023-12-04- Joo Jong-hyuk, better known as his character “tactician Kwon Min-woo” in the 2022 hit series “Extrao2023-12-04
- 조희대윤석열 대통령은 8일 신임 대법원장 후보자로 조희대(66·사법연수원 13기·사진) 전 대법관을 지명했다.김명수 전 대법원장의 9월 24일 퇴임 후 대법원장 공석이 된 지 452023-12-04
인요한 "변하든지 죽든지…말 듣지 않으면 매도 들 수 있다"
국민의힘 인요한 혁신위원장이 9일 여의도 당사에서 열린 제5차 전체회의에서 발언하고 있다. 연합뉴스인요한 국민의힘 혁신위원장은 ‘중진 불출마론’과 관련해 “말을 듣지 않으면 매도2023-12-04ASEAN filmmakers' works to be screened in Busan
Works by filmmakers from Korea and Association of Southeast Asian Nations member countries will be s2023-12-04인요한 "변하든지 죽든지…말 듣지 않으면 매도 들 수 있다"
국민의힘 인요한 혁신위원장이 9일 여의도 당사에서 열린 제5차 전체회의에서 발언하고 있다. 연합뉴스인요한 국민의힘 혁신위원장은 ‘중진 불출마론’과 관련해 “말을 듣지 않으면 매도2023-12-04
最新评论