This text deals with the focus of IPEF, which is to reduce supply chain dependence on China and to create alternative networks of supply chains and prevent disruptions.
Ngā Toki Whakarururanga brings a Te Tiriti o Waitangi perspective to the trade policy space, which requires the Government of New Zealand to uphold and actively protect Māori rights to exercise authority over our lands, waters, resources and all taonga. That includes for IPEF.
Many free trade and investment agreements allow multinational corporations to undermine democracy via a secret pseudo-court system known as Investor-State Dispute Settlement (ISDS).
APWLD produces the briefing paper to unpack the understanding of CSOs and movements on how neoliberal trade and investment agreements, and how the current system are undermining food sovereignty and women’s human rights while cementing corporate power.
Pillar 1 of the Indo-Pacific Economic Framework for Prosperity is entitled “Trade” and is expected to have binding and enforceable trade-related commitments.
Indonesia’s trade deal with the Mercosur bloc of Argentina, Brazil, Paraguay, and Uruguay is facing a delay, as negotiations will likely start in 2024, only after the group takes care of its long-overdue pact with the European Union (EU).
Sri Lanka’s President and his South Korean counterpart discussed the importance of finalizing a trade agreement between Sri Lanka and South Korea, and enhancing investment relations between the two nations.
Iranian Deputy Minister of Foreign Affairs for Economic Affairs has urged for concluding a free trade agreement between Tehran and Belgrade with the aim of facilitating trade between the two countries.