Question
Recently India joined the Indo-Pacific Economic
Framework for Prosperity (IPEF), A trade initiative led by?Solution
Recently, India joined to launch the Indo-Pacific Economic Framework for Prosperity (IPEF). Indo-Pacific Economic Framework for Prosperity is a US led trade initiative. There are 13 members in this namely Australia, Brunei, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Thailand, Vietnam, India and The US. The trade initiative is meant to counter China’s aggressive expansion in the region.
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