US-ABC Statement on Detroit IPEF round

The US-ASEAN Business Council congratulates IPEF partners on substantially concluding Supply Chain Agreement negotiations on May 27 in Detroit. Political signals are important in lending momentum not just for policy dialogue but also for enabling the right regulatory environment for resilient and secure supply chains to thrive. We also welcome the inclusion of labor and the establishment of councils as coordinating bodies as these steps will institutionalize arrangements and mechanisms that ensure robust and sustainable work programs under a concluded Agreement.

We encourage the U.S. government to continue leading Pillar 2 and to keep the level of ambition high in future negotiation rounds, in consultation with the U.S. private sector.

We also call on all IPEF participating economies to work with U.S. industry as they flesh out work programs, including the creation of pilot projects, under a final Supply Chains Agreement. The risk identification and crisis management mechanisms established under this Agreement should create opportunities for secure and resilient supply chains among IPEF partners that lead to commercially meaningful outcomes.


Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.

About US-ASEAN Business Council

Since 1984, the US-ASEAN Business Council has been the premier advocacy organization for U.S. corporations operating within the dynamic Association of Southeast Asian Nations (ASEAN). Worldwide, the Council's membership of nearly 170 companies generates almost US$7 trillion in revenue and employs more than 14.5 million people.  Today our members include the largest U.S. companies conducting business in ASEAN and range from newcomers to the region to companies that have been working in Southeast Asia for more than 100 years. The Council has nine offices around the globe, in Washington, DC; New York, NY; Bangkok, Thailand; Hanoi, Vietnam; Jakarta, Indonesia; Kuala Lumpur, Malaysia; Manila, Philippines; Singapore; and Yangon, Myanmar.


1101 17th ST NW, Suite 411 Washington, D.C. 20036