The Strategist

Canada wants to join Indo-Pacific Economic Framework

10/28/2022 - 08:59

At a joint press conference with the United States on Thursday, Foreign Minister Melanie Joly stated that Canada intends to join the Indo-Pacific Economic Framework (IPEF) nations.

She stated at the news conference, "I am pleased to announce that Canada will pursue membership in the Indo-Pacific Economic Framework."

In May 2022 during a visit to Tokyo, President Joe Biden announced the launch of the Indo-Pacific Economic Structure (IPEF), a new regional economic effort comprising nations in the Asia-Pacific.

The United States sees it as a model for addressing today's concerns, from establishing the rules for the digital economy to assuring sustainable supply chains.