The Indo-Pacific Economic Framework for Prosperity: America’s Answer to the Regional Comprehensive Economic Partnership?

... priority also determines which countries will be involved in the initiative. These include India, which has pulled out of the RCEP, and the “system-forming core” of Japan, Australia, New Zealand, South Korea and the six fastest-growing ASEAN countries. In turn, the exponentially growing dependence on China in the context of post-COVID development exacerbates the dilemma of export-oriented countries that are in dire need of external sources of growth. The Investment and Infrastructure Vector Andrey Gubin: The Indo-Pacific Conundrum: Why U.S. Plans Are Destined to Fail Another pillar of the new initiative is infrastructure development,...