U.S. President Joe Biden is nurturing economic ties this week with Asia, but he is not signing any trade deals at a regional summit in San Francisco. This fact – no trade deals – reveals much about the status of U.S. politics, the evolving global economy and the Biden administration’s ambitions. U.S. negotiators say they … Read more
U.S. President Joe Biden said on the eve of his much-anticipated meeting with China’s Xi Jinping that his goal for the talks is simply to try to get China-U.S. communications back on stable ground after a tumultuous year. Biden said Tuesday shortly before departing for San Francisco to meet Xi and attend this year’s Asia-Pacific … Read more
Magazine The upcoming APEC summit in San Francisco will be a visible culmination of the work that has gone into making economic engagement the leading edge of diplomacy. Credit: The DiplomatAdvertisement The Biden administration has been making every effort to demonstrate its commitment both to the Indo-Pacific region in general and to its economic statecraft … Read more
Advertisement On May 31, a press release from the U.S. embassy in Indonesia said that the 14 members of the Indo-Pacific Economic Framework for Prosperity (IPEF) “announced the substantial conclusion of the negotiations” of an IPEF Supply Chain Agreement. The negotiations took place at the IPEF Ministerial Meeting in Detroit, Michigan. The agreement, touted as … Read more