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May 04, 2024
 

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IPEF

U.S. President Joe Biden and Prime Minister Fumio Kishida attend an Indo-Pacific Economic Framework launch event in Tokyo in May 2022.
BUSINESS
Feb 24, 2024
U.S.-led Indo-Pacific deal on supply chain resilience takes effect
The deal allows members to help each other secure critical items in times when supply chains are disrupted.
Indo-Pacific Economic Framework leaders pose for a family photo at the Asia-Pacific Economic Cooperation summit in San Francisco on Thursday.
BUSINESS / Economy
Nov 18, 2023
Indo-Pacific trade deal prospects dim as U.S. election year looms
Election-year pressures and resistance to tough commitments from some countries make a deal unlikely anytime soon, observers say.
Foreign Minister Yoko Kamikawa (left) and trade minister Yasutoshi Nishimura attend a ministerial meeting of the Indo-Pacific Economic Framework in San Francisco on Monday.
BUSINESS
Nov 14, 2023
No trade deal struck at U.S.-led Indo-Pacific economic meeting
Japanese trade minister Yasutoshi Nishimura said progress was made on some aspects but "no substantial agreement was reached" for the whole trade area.
Japan Times
BUSINESS
May 28, 2023
Indo-Pacific nations vow to fortify supply chains for critical items
The agreement is the first result of the Biden administration’s trade initiative in the region, called the Indo-Pacific Economic Framework.
Japan Times
BUSINESS
Dec 10, 2022
Negotiations kick off for U.S.-led Indo-Pacific Economic Framework
The six-day meeting in Australia follows a ministerial gathering involving 14 members of the Indo-Pacific Economic Framework, which represents 40% of global gross domestic product.
Japan Times
BUSINESS / Economy / FOCUS
Sep 13, 2022
Commitment from U.S. and Japan vital to Indo-Pacific framework's success
The current 14 IPEF members account for about 40% of world gross domestic product and 28% of the global goods and services trade.
Japan Times
BUSINESS / Economy / ANALYSIS
Sep 10, 2022
Indo-Pacific Economic Framework's fate could hinge on U.S. midterm elections
Depending on election results, President Joe Biden could shift his focus to trade and make the fledgling IPEF initiative into a more substantial deal.
Japan Times
BUSINESS
Sep 10, 2022
Indo-Pacific nations agree to enter negotiations over U.S.-led economic framework
IPEF members were able to share their understanding of the importance of supply chain resilience after disruptions caused by the pandemic and the invasion of Ukraine, the ministers said.
Japan Times
BUSINESS
Sep 9, 2022
U.S. launches formal talks with Indo-Pacific countries on new economic framework
The meeting in Los Angeles is expected to lay out the scope of ensuing negotiations and help clarify which countries will join negotiations for each of four pillars.
JAPAN
Sep 8, 2022
Japan and U.S. eye launch of formal Indo-Pacific economic talks
Since IPEF is not a conventional trade deal, market access and tariff cuts are off the table.
Japan Times
BUSINESS / Economy
Sep 4, 2022
IPEF ministers to begin economic rules-making talks in U.S.
It will be the first in-person gathering of the IPEF, created by the U.S. to counter China's ascendance in the region.
Japan Times
BUSINESS
Aug 24, 2022
Ministers from 15 countries to hold talks on U.S.-led IPEF trade initiative in September
Participants in the talks aim to declare the start of formal negotiations to establish new rules for the 21st century economy based on democratic values.
Japan Times
BUSINESS / Economy
May 26, 2022
New Zealand leader urges U.S. to return to regional trade pact
Speaking on a visit to Washington, New Zealand Prime Minister Jacinda Ardern said her country would continue to push for greater access to the U.S. market even without the trade pact.
Japan Times
JAPAN
May 26, 2022
Japan agrees with Singapore and Malaysia to work together on IPEF
The economic framework has been joined by countries including Japan and the two Southeast Asian nations, although details including how negotiations will proceed remain unclear.
Japan Times
BUSINESS / ANALYSIS
May 24, 2022
The IPEF, already a tough sell for Biden at home, seen as limited in scope
American businesses continue to look on jealously at an existing major Asia-Pacific trade pact, which they say offers greater precision and economic impact.
Japan Times
BUSINESS
May 23, 2022
Biden launches Indo-Pacific Economic Framework with 13 nations including Japan
The IPEF is an attempt by the U.S. to reassert its economic leadership in the region after it withdrew from a major Asia-Pacific trade pact in 2017 under Donald Trump.
Japan Times
BUSINESS / Economy
May 10, 2022
Japan expects launch of U.S. Indo-Pacific economic plan during Biden visit
Asian countries seek to boost U.S. economic engagement but have been frustrated by a lack of details since Washington quit a regional trade pact in 2017.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Yen swings stir talk that Japan is in the FX market once again
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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