The US is working on an initiative for economic resilience in the Indo-Pacific, and RI is also involved, Jakarta The United States said it is reviewing cooperation on economic resilience with its trading partners in the Indo-Pacific region, including Indonesia.

US Trade Representative for the Indo-Pacific Katherine Tai said this cooperation came under the Indo-Pacific Economic Framework (IPEF) initiative launched by President Joe Biden in 2022 last year.

on the sidelines of the G7 trade ministers’ summit in Osaka. Japan.

“We are demonstrating the vision we have created with the IMF at a time of many economic challenges and the need to work with our partners in the Indo-Pacific region to promote sustainability, resilience and inclusivity,” said Katherine Tai , quoted by CNBC International, Monday (October 30, 2023).

“We also know that we cannot wait five or seven years to conclude major trade negotiations,” he said.

For your information, IPEF is one of the Biden administration’s key economic strategies in Asia.

The countries collaborating with the United States on this initiative are Australia, Brunei, Fiji, India, India, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and Vietnam.

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