China has put forward plans to dramatically expand security and economic cooperation with South Pacific nations, in what one regional leader called a thinly veiled effort to lock them into "Beijing's orbit"
Efforts by Switzerland to refresh its free trade agreement with China have stalled as Bern takes a more critical view of Beijing’s human rights record.
Unlike traditional FTAs, the IPEF employs a menu-based approach in which countries would launch separate negotiations under the four pillars of the initiative.
Fiji will become the 14th country and first Pacific island nation to join the US' economic framework, the White House announced, delivering a boost to Washington’s efforts to counter growing Chinese influence in the Asia Pacific.
The European Union will upgrade its trade and investment relations with Taiwan, as it looks to tap into Taipei’s “role as a hi-tech leader”, having earlier ditched the plan to avoid angering China.
Panama President Laurentino Cortizo said he intends to immediately restart negotiations with China over a free trade agreement, after conversations were put on hold during the pandemic.
Malaysia views US President Joe Biden's proposed Indo-Pacific economic bloc as a welcome initiative but sees a bigger immediate opportunity in selling its access to a China-led trade pact.