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Bangkok Post
Bangkok Post
World

Indo-Pacific economic talks begin

US President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida attend the Indo-Pacific Economic Framework for Prosperity (IPEF) launch event in Tokyo in May this year. (Reuters File Photo)

Japan, the United States, Australia and other nations on Saturday opened their first in-person round of negotiations aimed at setting economic rules and standards in the Indo-Pacific amid China’s growing clout in the region.

The six-day meeting in Brisbane, Australia follows a ministerial gathering involving 14 members of the Indo-Pacific Economic Framework (IPEF), which represents 40% of global gross domestic product, according to the US government.

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