USTR’s Tai: Indo-Pacific trade talks could see results this year

U.S. Trade Representative Katherine Tai attends a news conference at Foreign Correspondents' Club of Japan in Tokyo, Japan April 20, 2023. REUTERS/Issei Kato

USTR’s Tai: Indo-Pacific trade talks could see results this year | Reuters

TOKYO, April 20 (Reuters) – U.S. Trade Representative Katherine Tai said on Thursday Indo-Pacific Economic Framework (IPEF) trade negotiations are progressing “at a very quick pace” and she expects results from the talks as early as by the end of the year.

The United States and 13 Indo-Pacific countries last year launched negotiations on IPEF, Washington’s first major pan-Asian trade engagement effort in nearly a decade.

“I don’t have a crystal ball … but it is absolutely in the spirit of the IPEF to be able to demonstrate that we can deliver real outcomes as we go, and not have to wait several years to realize an outcome,” Tai told a Tokyo news conference.

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