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Friday, May 3, 2024

Thailand to host 5th round of IPEF negotiations in September

Thailand is due to hold the 5th Indo-Pacific Economic Framework’s (IPEF) Negotiation Round, from September 10-16, according to an informed source.

Thailand is one of the 14 founding signatories to the IPEF, which was launched last year in Tokyo by President Joe Biden and Japanese Prime Minister Fumio Kishida. The IPEF comprises four pillars: trade, supply chain, clean economy and a fair economy.

The Bangkok meeting will build on the draft IPEF texts on the four pillars, as well as further legal scrubbing sessions for the Pillar II (Supply Chain) draft text.

Other members include the US, Japan, South Korea, Singapore, Vietnam, Australia, Brunei, Fiji, India, Indonesia, Malaysia, New Zealand and the Philippines.

The IPEF is aimed at strengthening economic engagement among partner countries, with the goal of advancing growth, peace and prosperity in the region.

According to the…

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