KUALA LUMPUR, May 23 — The Indo-Pacific Economic Framework for Prosperity (IPEF) provides a strategic framework — both bilateral and multilateral dialogue platforms — for...
KUALA LUMPUR, May 23 — The Indo-Pacific Economic Framework for Prosperity provides a strategic framework — both bilateral and multilateral dialogue platforms — for trade and investment matters for Malaysia with US and its framework partners, Senior Minister of International Trade and Industry Mohamed Azmin Ali said.
“I am optimistic that this cooperation acknowledges that our economic policy interests in the region are intertwined; and deepening economic engagement among partners is crucial for continued growth, peace, and prosperity,” he said in his tweets today. This will strengthen regional economic cooperation, and commitment with regards a free, open, fair, inclusive, interconnected, resilient, secure, and prosperous Indo-Pacific region sustainable and inclusive economic growth, he added. Biden arrived in Japan yesterday to launch IPEF for greater US economic engagement with the Indo-Pacific, and also to reinforce ties with Japan.
“I am hopeful that the framework will open up new opportunities to explore and enhance cooperation in areas of mutual interest, such as strengthening supply chain resilience, the digital economy and clean energy,” Mohamed Azmin said.
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