Yukari Sekiguchi for the East-West Center on U.S.-Japan cooperation
For the East-West Center's Asia Pacific Bulletin, Senior Director Yukari Sekiguchi wrote on U.S.-Japan cooperation on the Climate Partnership on Ambition, Decarbonization, and Clean Energy and its impact on the broader Indo-Pacific region.
"The Indo-Pacific Economic Framework (IPEF)–launched last May with participation from 14 countries in the region–is an ambitious framework for promoting innovation and development in the clean energy, digital, and information technology sectors, while also nurturing new cooperative approaches to securing critical supply chains. The Biden administration has promised that IPEF will go beyond previous trade agreements, generating new approaches in each of these areas. As the United States has ruled out the inclusion of new market access commitments, it is critically important for Washington to outline the tangible benefits it can offer partners in exchange for the ambitious policy commitments that appear to be envisioned as part of a future IPEF agreement."
Read the full article here.