ISDS Case Map
Asia
The Indo-Pacific Economic Framework for Prosperity, widely known as IPEF, faces significant hurdles. Recent analyses indicate that the foundation of the framework may be weakening, largely attributed to the trade policies introduced during Donald Trump’s presidency.
Asian farmers are bearing the heaviest burden of Washington’s import tariffs. And tariffs are only part of the threat.
India is now signatory to three out of the four pillars under the IPEF, sees current terms of the trade pact as less favourable for the country.
The Indo-Pacific Economic Framework (IPEF) for Prosperity is expected to be fully functional next year, with the trade component of the agreement to be substantially complete by the end of 2024.
Prime Minister Han Duck-soo said that South Korea will push to expand free trade agreements with emerging markets in Asia and Africa to boost the export-driven economy and enhance supply chain resilience.
Seed laws, often influenced by corporate interests, criminalize traditional farming practices and threaten food security. Farmers worldwide are increasingly restricted from saving and exchanging seeds, leading to a decline in agricultural biodiversity. While international agreements like UPOV and trade deals solidify corporate control including UK trade deals.
The government said 13 IPEF (Indo-Pacific Economic Framework for Prosperity) bloc members have signed fair and clean economy agreements, while India will ink the deal after getting domestic approval.
The government of New Zealand is set to sign three Indo Pacific Economic Framework (IPEF) agreements in Singapore.
The US-led Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a "Clean Economy" investor forum to boost infrastructure and climate investments across the region.
