The Office of the United States Trade Representative and the U.S. Department of Commerce today announced that a U.S. delegation will travel to Busan, South Korea, for the fourth negotiating round of the Indo-Pacific Economic Framework (IPEF) from July 9-15, 2023.
The U.S. interagency delegation will be co-led by Sarah Ellerman, IPEF Pillar I Chief Negotiator and Assistant United States Trade Representative for Southeast Asia and the Pacific (Acting), and Sharon H. Yuan, U.S. Department of Commerce Counselor and Chief Negotiator for Pillars II-IV.
The first negotiating round was held in Brisbane, Australia, from December 10-12, 2022, followed by a special negotiating round on Pillars II-IV in New Delhi, India, from February 8-11, 2023.
The second negotiating round was held in Bali, Indonesia from March 13-19, 2023, followed by the third negotiating round in Singapore from May 8-15, 2023.
On May 27, the IPEF partners met in Detroit, Michigan, for a ministerial meeting in which they acknowledged the progress made in Pillars I (Trade), III (Clean Economy) and IV (Fair Economy) and announced the substantial conclusion of negotiations on a landmark IPEF Supply Chain Agreement under Pillar II.
Additional details regarding the upcoming fourth negotiating round in Busan, South Korea, will be released at a later date.
For more information on IPEF, please visit ustr.gov/ipef.
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