Indo-Pacific Economic Framework for Prosperity

On 23rd May, 2022, the United States launched the Indo-Pacific Economic Framework for Prosperity (IPEF). This economic initiative came a day before the summit of the Quad leaders in Tokyo.

About IPEF

  • It is a US-led initiative that aims to aims to strengthen economic partnership among participating countries to enhance resilience, sustainability, inclusiveness, economic growth, fairness, and competitiveness in the Indo-Pacific region.
  • India became one of the members of this 13-nation initiative. The other members are: the US, Japan, Australia, Brunei, Indonesia, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Vietnam.
  • The grouping represents about 40% of global GDP.
  • The grouping ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

World Affairs