A continuing lack of solid conclusions and implementations from US President Joe Biden’s Indo-Pacific Economic Framework is leading to a loss of interest from non-US members, a business group executive warned on Wednesday.
“IPEF is going to have to produce concrete, tangible and commercially relevant results in order to really maintain the bandwidth and interest of our partners in the IPEF context, particularly in Southeast Asia this year,” Marc Mealy, senior vice-president of policy at the US-Asean Business Council, said during an online panel organised by the Centre for Strategic and international Studies.
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