URGENT: Japan, U.S. eye launch of formal Indo-Pacific economic talks

Politics Economy

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...

Kyodo News

Kyodo News