Japan Positively Mulling Joining Indo-Pacific Economic Framework

Newsfrom Japan

Might 18, 2022

U.S.-China trade rivalry intensifies after Biden launches Asian economic pact

Tokyo, Might 18 (Jiji Push)–The Japanese government is positively contemplating signing up for the Indo-Pacific Financial Framework, a regional grouping proposed by U.S. President Joe Biden, Chief Cupboard Secretary Hirokazu Matsuno mentioned Wednesday.

“We welcome (the IPEF) as demonstrating the United States’ commitment to the Indo-Pacific area,” Matsuno informed a news meeting.

Matsuno mentioned Tokyo and Washington will “get the job done intently jointly to create a appealing regional financial order involving the United States.”

U.S. Commerce Secretary Gina Raimondo mentioned Tuesday that Biden will announce the launch of the IPEF in the course of a trip to Japan beginning Sunday.

Matsuno additional that Japan will go on efforts to deliver the United States back again into the Trans-Pacific Partnership totally free trade deal. “There is no change to our country’s placement that a U.S. return to the TPP is attractive,” he explained.

[Copyright The Jiji Press, Ltd.]

Jiji Press

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