U.S. vows economic rule-making for Indo-Pacific in new initiative

The United States aims through a new Indo-Pacific economic engagement initiative to establish rules that will bring regional prosperity, U.S. Trade Representative Katherine Tai said Wednesday ahead of the first in-person ministerial meeting under the initiative.The launch of the Indo-Pacific Economic Framework was announced during U.S. President Joe Biden's visit to Japan in May and is shaping up as a key part of his administration's strategy to engage with the fast-growing region where China is expanding its clout.The two-day ministerial meeting involving 14 members of IPEF, starting Thurs…READ FULL ARTICLE