US trade ambitions in Asia and the development of the Indo-Pacific Economic Framework (IPEF) were central to an Asia House briefing with Ambassador Sarah Bianchi, Deputy US Trade Representative, on Monday 25 July.
Speaking with Asia House Corporate Members on the day before the US hosts a meeting with officials from all 14 IPEF member countries, Ambassador Bianchi unpacked the various pillars of the framework, with the discussion taking a particular focus on trade, data and digitalisation.
The Ambassador took a range of questions in the online briefing, with Asia House Corporate Members dialling in from around the world to learn more about US trade policy in Asia.
Questions on the IPEF included its potential impact on trade and standards in the region; its ability to function as a mechanism to address issues around data; the possibility of the framework helping to resolve issues at the WTO; and the role of India in the IPEF.
Ambassador Bianchi was also asked about US trade relations with China; issues around data in global trade; and how Asia’s trade finance gap can be closed.
The off-the-record briefing was chaired by Asia House Chief Executive Michael Lawrence to give Corporate Members unique insights into US ambitions in Asia amid a complex geopolitical and trade environment.
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