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Biden says Indo-Pacific Economic Framework for Prosperity
... looking to deepen economic ties with the self-governing island, which China claims. The IPEF , introduced on Monday, is an attempt to salvage some of the benefits of participation in a broader trade agreement like the one Trump left, now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership CP TPP and was then known as the TPP . Trade and economics experts at Washington's Center for Strategic and International Studies said it was not clear how the Biden administration would achieve IPEF objectives ...
Updated: 05/23/2022
US announces new Asia-Pacific trade initiative
... growing commercial presence in the Asia-Pacific. There is no political will in Washington for returning to a tariffs-based Asia trade deal after Trump resigned from the Trans-Pacific Partnership in 2017, a huge trading bloc that was revived in 2018 as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership , despite the fact that there is no political will for a tariffs-based Asia trade deal with no US membership. China has criticised IPEF as an attempt to create a closed club. Biden's national security advisor,...
Updated: 05/23/2022
Biden to unveil trade initiative in Asia
... about how agreed standards of behaviour between the partners can be enforced. There is no political appetite within the United States for a binding Asian trade deal following Trump 's withdrawal from the Trans-Pacific Partnership in 2017. In 2018 the Comprehensive and Progressive Agreement for Trans-Pacific Partnership was revived without US membership.
Updated: 05/23/2022
Iran says 'good, reliable outcome' in Vienna talks
... conference after meeting his Iraqi counterpart at the foreign ministry headquarters in Tehran on April ... ... Iranian foreign minister said on Friday that a good and reliable outcome is within reach in the Vienna ... ... Borrell said on Friday that there had been enough progress in the talks between Mora and Iranian officials ... ... nuclear negotiations. In 2015, Iran signed the Joint Comprehensive Plan of Action JCPOA with world powers ... ... president Donald Trump pulled Washington out of the agreement in May 2018 and imposed sanctions on Iran,...
Updated: 05/14/2022
South Korea considers joining U.S. Indo-Pacific pact
... member. A South Korean finance ministry official said that the Indo-Pacific Economic Framework IPEF could launch soon this month to fill a gap in engagement with the region since 2017, when President Donald Trump left a multinational deal that became the Comprehensive and Progressive Agreement for Trans-Pacific Partnership CPTPP. It is listed in 110 national tasks that the incoming government is positively considering, and is expected to launch soon this month. The government sources said that the government of President Yoon Suk-yeol ...
Updated: 05/09/2022
Japanese lawmakers reaffirm importance of peace, stability
... which Beijing regards as a renegade province and has vowed to regain it by force if necessary. Tsai also expressed hopes that Japan will support Taiwan's participation in international frameworks, such as its bid to join a free trade agreement known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership . In response, Suzuki , a 40-year-old member of the House of Representatives , praised Taiwan's efforts to amend laws and regulations to meet the standards of the free trade agreement and promised to play a role ...
Updated: 05/06/2022
Myanmar army chief offers peace talks with ethnic groups
The leader of Myanmar's military-owned government has offered to ... ... year. Spokespeople for two major ethnic minorities, the Kachin and the Karen , indicated no immediate interest in the offer. ... ... February of last year. None of the previous proposals has shown progress. The armed groups that hold loose control of border regions ... ... government for decades. There have been occasional cease-fire agreements but the armed groups seek permanent and comprehensive political solutions in response to their demands,...
Updated: 04/22/2022
India, UK in talks to get free trade agreement done by Diwali, says PM Johnson
British Prime Minister Boris Johnson said on the second day of his India visit that governments are in talks with negotiators to get the bilateral free trade agreement between India and the UK done by Diwali, the Hindu festival that will fall in ... ... PM Modi said during the meeting that the two leaders reviewed progress made in implementation of Roadmap 2030 and also set some ... ... in May last year, the India-UK relationship was elevated to a Comprehensive Strategic Partnership. The two sides adopted a 10 ...
Updated: 04/22/2022
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