US-ASEAN Business Council Commends Governments on Indo-Pacific Economic Framework Launch

(Washington, DC) – The US-ASEAN Business Council congratulates the United States and twelve other Indo-Pacific countries, including Brunei, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, on launching the Indo-Pacific Economic Framework for Prosperity (IPEF).

“With seven ASEAN member states in tow, the Biden-Harris administration has demonstrated its commitment to an inclusive and high-standard Indo-Pacific economic policy,” said US-ASEAN Business Council President & CEO Ambassador Ted Osius. “We hope these negotiations will yield effective commitments to expand trade, create more resilient supply chains, and craft a meaningful climate agenda to benefit workers, businesses, and consumers on both sides of the Pacific.