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US unveils Asia-Pacific trade framework with Thailand among starting list of members

US unveils Asia-Pacific trade framework with Thailand among starting list of members

US President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi attend the Indo-Pacific Economic Framework for Prosperity with Prime Minister Prayut Chan-o-cha and other regional leaders via video link at the Izumi Garden Gallery in Tokyo on Monday. (AFP photo)

TOKYO: US President Joe Biden launched a new Asia-Pacific trade initiative on Monday in Tokyo, with 13 countries including India and Japan signed up, although questions about the pact’s effectiveness remain.

Biden formally unveiled the Indo-Pacific Economic Framework for Prosperity, or IPEF, on his…

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