ISDS Case Map
Asia
Indonesia might be trying to strike a balance with both the rivaling US and China by joining the Washington-led Indo-Pacific Economic Framework for Prosperity (IPEF), according to research institution ISEAS-Yusof Ishak Institute.
Brazilian President wants the Mercosur trade bloc to advance in talks for deals with Canada, South Korea and Singapore, while aiming to increase commerce with other countries in Latin America and Asia.
IPEF is designed by the US for its own prosperity, with developing countries unlikely to gain anything significant from it. Even if the IPEF does not eventually include dispute settlement provisions, and despite some of the provisions appearing to be only statements of intent and more in the nature of cooperation
Without substantial new access to the US market or other trade privileges on offer, there's little incentive for partner countries to make big commitments themselves.
The US aims to wrap up negotiations on the 14-nation Indo-Pacific Economic Framework this year, but not before key provisions on sustainability are added to the agriculture chapter of the deal, Chief US Agriculture Negotiator Doug McKalip said.
In an evident attempt to decrease their dependency on China and prepare for potential future supply chain challenges, 14 nations involved in the Indo-Pacific Economic Framework have reached an agreement.
On behalf of the Forum for Trade Justice, a CSO letter has been sent to the Indian Commerce Minister. The letter highlights the perils of participating in the IPEF and urges the Commerce Minister to withdraw from the IPEF processes.
This weekend in Detroit, Trade Ministers from eleven countries will be meeting for the latest round of negotiations on the Indo-Pacific Economic Framework, a secretive geopolitical and economic agreement aimed to curtail China.
A coalition of civil rights and consumer protection groups warned in a letter to President Biden that ongoing trade talks risk eroding efforts to mitigate algorithmic discrimination.
As trade ministers gather for the second ministerial meeting of the Indo-Pacific Economic Framework talks, recent developments on the ground in Detroit indicate that politically powerful groups are watching with great anticipation.
