Japanese trade minister Yasutoshi Nishimura and U.S. Commerce Secretary Gina Raimondo agreed Wednesday that their two countries will aim to launch formal negotiations under the Indo-Pacific economic initiative. Nishimura and Raimondo held talks a day before ministers from 14 member countries of the Indo-Pacific Economic Framework, or IPEF, hold a two-day meeting in Los Angeles, the first in-person session of the U.S.-led grouping. "We would like to build a framework capable of addressing challenges in the 21st-century economy, including supply resiliency and decarbonization, among others," Nis...
