TNPSC Thervupettagam

Key IPEF Agreements

September 27 , 2024 58 days 167 0
  • India has signed three Key agreements under the Indo-Pacific Economic Framework (IPEF).
  • These agreements are focusing on the pillars of Clean Economy, Fair Economy, and an overarching IPEF administrative framework.
  • Framework of IPEF was launched on May 23, 2022, in Tokyo.
  • IPEF is an initiative aimed at enhancing economic cooperation and engagement among its 14 member countries.
  • The framework is structured around four key pillars -Trade (Pillar I), Supply Chain Resilience (Pillar II), Clean Economy (Pillar III), and Fair Economy (Pillar IV).

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