Consejo Mexicano de Asuntos Internacionales

Última actualización:
2024-03-28 18:11

HOT TAKES ON THE U.S. INDO-PACIFIC ECONOMIC FRAMEWORK AND CANADA

Fecha Publicación: 30-05-2022

The announcement on Victoria Day of the beginning of talks for countries to join the U.S. Indo-Pacific Economic Framework, widely covered in the U.S. and Asia, was mentioned in Canada only to note that we weren’t invited. That turns out to be the least important piece of news.

The new initiative, the Indo-Pacific Economic Framework (IPEF), is the biggest move by the U.S. in the region to date and is heralded by the Americans as such. Bloomberg called the IPEF “the most significant US effort to engage Asia on economic matters since former President Donald Trump in 2017 withdrew from the Trans-Pacific Partnership.” Bloomberg went on to add a critical addendum, noting that “as an attempt to counter Beijing’s influence it falls laughably short of what is needed.”

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