Taiwan’s top trade negotiator appealed to the United States not to forget that the island wants a free trade deal, but understands this will not happen immediately and is willing to make other agreements first as "building blocks".
The US has been trumpeting that its IPEF will bring prosperity to the region. But its sole purpose is to advance the “Indo-Pacific Strategy” and key interests of the U.S. instead of driving post-pandemic recovery, development and prosperity of the region.
The European Union (EU) is now looking to do more business with India by way of greater investments in Europe as tension with Russia over the Ukraine war and geopolitical concerns with China pose massive challenges to the bloc and the world at large.
China’s government says it remains confident it can strike a sweeping trade and security agreement with 10 Pacific Island states despite being forced to shelve its proposed agreement.
China and Papua New Guinea held talks on a free-trade deal, as Beijing’s foreign minister wrapped up a landmark tour of the Pacific Islands with a stop in the resource-rich nation.
Pacific Island countries have agreed not to sign a region-wide trade and security deal with China after a high-level meeting between Chinese Foreign Minister Wang Yi and his counterparts from 10 Pacific nations in Fiji.
Except for India and the US, all other nations in IPEF are part of the RCEP rival bloc. India’s aversion to a pact which includes China has geopolitical considerations at its root.
China’s commerce ministry has denied talks with Switzerland to update a free trade agreement between both countries are "frozen".
China has put forward plans to dramatically expand security and economic cooperation with South Pacific nations, in what one regional leader called a thinly veiled effort to lock them into "Beijing’s orbit"
Efforts by Switzerland to refresh its free trade agreement with China have stalled as Bern takes a more critical view of Beijing’s human rights record.
Unlike traditional FTAs, the IPEF employs a menu-based approach in which countries would launch separate negotiations under the four pillars of the initiative.
Fiji will become the 14th country and first Pacific island nation to join the US’ economic framework, the White House announced, delivering a boost to Washington’s efforts to counter growing Chinese influence in the Asia Pacific.
The European Union will upgrade its trade and investment relations with Taiwan, as it looks to tap into Taipei’s “role as a hi-tech leader”, having earlier ditched the plan to avoid angering China.
Tailored pact seeks to counter China’s clout while protecting US workers.
The IPEF represents continuity between the colonialist past and neocolonialist present in the Indo-Pacific region.
Panama President Laurentino Cortizo said he intends to immediately restart negotiations with China over a free trade agreement, after conversations were put on hold during the pandemic.
The US-led economic framework is designed to reorganize supply chains around the US — possibly sowing the seeds of conflict with China.
Malaysia views US President Joe Biden’s proposed Indo-Pacific economic bloc as a welcome initiative but sees a bigger immediate opportunity in selling its access to a China-led trade pact.
IPEF is created to encourage regional economies to “decouple” from the Chinese market by leading them to alternative supply chains.
The fact that the China-Maldives Free Trade Agreement has not come into effect causes worries for the Chinese enterprises that intend to do businesses in Maldives, has stated the Chines Ambassador to Maldives.