India not part of Indo-Pacific Economic Framework trade pillar; broader consensus yet to emerge among nations - Shahpur Turk CSC - Common Service Centre in Sonipat India not part of Indo-Pacific Economic Framework trade pillar; broader consensus yet to emerge among nations

13 September 2022

India not part of Indo-Pacific Economic Framework trade pillar; broader consensus yet to emerge among nations

India has not agreed to the commitments of the trade pillar of the 14-member Indo-Pacific Economic Framework (IPEF) as broader consensus has so far not emerged on certain issues like environment, labour and public procurement. Briefing media after the conclusion of the two-day IPEF ministerial meet, commerce and industry minister Piyush Goyal said that India would continue to engage with the trade track in the IPEF and will wait for the final contours to be decided on the trade pillar before it formally associates with that track.

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