The Indo-Pacific Economic Framework (IPEF), a group of 14 countries led by the United States, was launched in May last year. As a non-traditional economic arrangement that does not offer market access concessions and tariff liberalisation to members, the IPEF presents a blueprint for a new but untested kind of economic engagement in the region. In this episode, Ms Ramita Iyer, Research Analyst, ISAS, is in conversation with Professor Peter Draper, Professor and Executive Director, Institute for International Trade, School of Economics and Public Policy, University of Adelaide, Australia. They discuss the decisions delivered by the IPEF till now and examine the prospects of its further progress.
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