The Quad Summit and New U.S. Economic Initiative - Strengthening Cooperation in the Indo-Pacific
The Quad Summit and New U.S. Economic Initiative - Strengthening Cooperation in the Indo-Pacific
Author(s): Patryk Kugiel, Damian Wnukowski
Subject(s): Politics, Regional Geography, Economic policy, International relations/trade
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: USA; Indo-Pacific; Quad Summit; economy; foreign policy;
Summary/Abstract: On 24 May during a visit by U.S. President Joe Biden to Japan, a leaders summit in the Quad format, bringing together Australia, India, Japan, and the U.S, was held. A day earlier, the Indo-Pacific Economic Framework (IPEF) was announced, which, besides the Quad members, ten other countries in the region want to join. Both the summit and IPEF announcement confirm the growing U.S. engagement in the Indo-Pacific and the preparation of a broader and more attractive offer of cooperation for the region as an alternative to Chinese proposals.
Series: PISM Policy Papers
- Page Count: 2
- Publication Year: 2022
- Language: English
- Content File-PDF