BANGKOK — The U.S. Department of Commerce and the Office of the United States Trade Representative (USTR) participated in the fifth in-person negotiating round for the Indo-Pacific Economic Framework for Prosperity (IPEF) in Bangkok, Thailand, from September 10-16, 2023.
The U.S. delegation was co-led by Sharon H. Yuan, U.S. Department of Commerce Counselor and IPEF Pillars II-IV Chief Negotiator, and Sarah Ellerman, Assistant United States Trade Representative for Southeast Asia and the Pacific and IPEF Pillar I Chief Negotiator.
Building on the discussions that took place during the fourth negotiating round in Busan, South Korea, in July 2023, the IPEF partners continued to make progress on negotiations towards high-standard outcomes under Pillars I (Trade), III (Clean Economy), and IV (Fair Economy). Officials also continued discussions on the next steps for the proposed IPEF Supply Chain Agreement (Pillar II) following the substantial conclusion of negotiations in May and public release of the text on September 7.
Prior to the fifth negotiating round in Bangkok, the U.S. Department of Commerce and USTR jointly held a virtual IPEF listening session on August 24 in Washington, D.C. This listening session presented an opportunity for stakeholders to provide thoughts and comments on the IPEF negotiations. The U.S. government IPEF chief negotiators, as well as other representatives from USTR and the Department of Commerce, attended this event. A second in-person listening session was held with the Government of the Kingdom of Thailand on September 14 for interested stakeholders. Read More→
