India examines potential trade participation in US-led Indo-Pacific Economic Framework.

India is assessing its potential participation in the trade pillar of the Indo-Pacific Economic Framework (IPEF), initiated by the US to counter China's influence. While India is involved in the other three pillars—supply chains, clean economy, and fair economy—its commitment to trade remains uncertain due to unclear market access benefits. India plans to evaluate the outcomes before deciding, while also pursuing a Comprehensive Economic Cooperation Agreement with Australia.

October 24, 2024
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