US President Joe Biden will launch a long-awaited economic initiative for increasing US involvement in Asia in the coming days during his trip to the region, according to one of the cabinet officials leading the initiative.
The US and its partners will kick off the Indo-Pacific Economic Framework (IPEF) when Biden visits Japan on a May 20-24 trip that also will take him to South Korea, Commerce Secretary Gina Raimondo said.
President Yoon Suk Yeol has shown support for the grouping…
