DETROIT : Trade ministers of 14 countries in the U.S.-led Indo-Pacific Economic Framework (IPEF) talks 'substantially completed' negotiations on an agreement to make supply chains more resilient and secure, U.S. Commerce Secretary Gina Raimondo said on Saturday.The 'first of its kind' agreement calls for
DETROIT : Trade ministers of 14 countries in the U.S.-led Indo-Pacific Economic Framework talks"substantially completed" negotiations on an agreement to make supply chains more resilient and secure, U.S. Commerce Secretary Gina Raimondo said on Saturday.
The deal provides an emergency communications channel for IPEF countries to seek support during supply chain disruptions, coordinate more closely during a crisis and recover more quickly. "I can tell you I would have loved to have had that Crisis Response Network during COVID. It absolutely would have helped us secure American jobs and keep supply chains moving," she said.
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