United States to Participate in Fourth Indo-Pacific Economic Framework (IPEF) Negotiating Round in South Korea

United States to Participate in Fourth Indo-Pacific Economic Framework (IPEF) Negotiating Round in South Korea

Jun 13, 2023

United States to Participate in Fourth Indo-Pacific Economic Framework (IPEF) Negotiating Round in South Korea
KCPullen@doc.gov
Tue, 06/13/2023 – 10:09

FOR IMMEDIATE RELEASE

Tuesday, June 13, 2023

Office of Public Affairs

publicaffairs@doc.gov

The U.S. Department of Commerce and the Office of the United States Trade Representative today announced that a U.S. delegation will travel to Busan, South Korea, for the fourth negotiating round of the Indo-Pacific Economic Framework (IPEF) from July 9-15, 2023.

The U.S. interagency delegation will be co-led by Sharon H. Yuan, U.S. Department of Commerce Counselor and Chief Negotiator for Pillars II-IV, and Sarah Ellerman, IPEF Pillar I Chief Negotiator and Assistant United States Trade Representative for Southeast Asia and the Pacific (Acting).

The first negotiating round was held in Brisbane, Australia, from December 10-12, 2022, followed by a special negotiating round on Pillars II-IV in New Delhi, India, from February 8-11, 2023.

The second negotiating round was held in Bali, Indonesia from March 13-19, 2023, followed by the third negotiating round in Singapore from May 8-15, 2023.

On May 27, the IPEF partners met in Detroit, Michigan for a ministerial meeting, during which they acknowledged the progress made in Pillars I (Trade), III (Clean Economy) and IV (Fair Economy) and announced the substantial conclusion of negotiations on a landmark IPEF Supply Chain Agreement under Pillar II.

Additional details regarding the upcoming fourth negotiating round in Busan, South Korea, will be released at a later date.

For more information on IPEF, please visit https://www.commerce.gov/ipef

Bureaus and Offices

International Trade Administration

Tags

Indo-Pacific Economic Framework

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