The Indo-Pacific Economic Framework for Prosperity: America’s Answer to the Regional Comprehensive Economic Partnership?
... approach has already produced results in recent years (primarily in the Solomon Islands and Kiribati), and it is aimed at gaining access to the raw materials and natural resources of Fiji, Papua New Guinea, Vanuatu, etc. Conclusion Andrey Kortunov: Why India Will Never Be Part of U.S. Alliances Announced in May, the initiative is a logical institutional build-on of Washington’s new Indo-Pacific Strategy adopted in February 2022. Its purpose is to contain China and prevent the RCEP from growing in strength. The United States is essentially sticking to the same industry priorities it once promoted under the Trans-Pacific Partnership, seeking to avoid high trade commitments associated with opening new markets. The goals are same ...