TOKYO: President Joe Biden launched his plan for U.S. economic engagement in Asia on Monday, leaving it to the 13 founding countries to work out how to enforce their agreements and if China could ever join.
Biden is unveiling the Indo-Pacific Economic Framework for Prosperity (IPEF) in Tokyo on his first trip in office to Asia.
The White House says the deal offers no tariff relief to the countries that join, including India, Malaysia and the Philippines, but provides a way to sort through key issues from climate change to supply chain resilience and digital trade.
Washington has lacked an economic pillar to its Indo-Pacific engagement since former President Donald Trump quit a multinational trans-Pacific trade agreement, leaving the field open to its key competitor China to expand its influence.
"The future of the 21st Century economy is going to largely be written in the Indo-Pacific - in our region," Biden said at a launch event in Tokyo. "We're writing the new rules."
Biden wants the deal to raise environmental, labor and other standards across Asia. The other initial founders are Australia, Brunei, Indonesia, Japan, South Korea, New Zealand, Singapore, Thailand, Vietnam and the United States.
But those founding countries will need to negotiate what standards they wish to abide by, how they will be enforced, whether their domestic legislatures will need to ratify them and how to consider potential future members, including China, officials told reporters.
"This will enhance access to sources of finance and technology," said Thai Prime Minister Prayuth Chan-ocha, who joined the launch event by video. "It is still a work in progress, with detailed consultations planned in the near future."
U.S. Commerce Secretary Gina Raimondo told reporters that the IPEF presents Asian countries with "an alternative to China's approach to these critical issues".
China has expressed no interesting in joining IPEF. Many of the standards Washington wants would make such a deal unpalatable to Beijing, a U.S. official said.
Also left out of the initial talks is Taiwan, which wanted to join.
Biden's national security adviser, Jake Sullivan, told reporters on Air Force One that Taiwan would not be a part of the IPEF launch but that Washington is looking to deepen economic ties with the self-governing island, which China claims. Read full story
The IPEF is an attempt to salvage some part of the benefits of participation in a broader trade agreement like the one Trump quit, which is now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and was then known as TPP.
"TPP, as it was envisioned, ultimately was something that was quite fragile," U.S. Trade Representative Katherine Tai said of the deal some feared would threaten U.S. jobs. "The biggest problem with it was that we did not have the support at home to get it through."
China applied in September to join the successor to TPP. Read full story And when Japanese Prime Minister Fumio Kishida met with Biden privately on Monday, he said he told the U.S. president that Washington should rejoin the trade deal.
Beijing appeared to take a dim view of the planned IPEF.
China welcomes initiatives conducive to strengthening regional cooperation but "opposes attempts to create division and confrontation," Foreign Minister Wang Yi said in a statement. "The Asia-Pacific should become a high ground for peaceful development, not a geopolitical gladiatorial arena."
Reuters
Mon May 23 2022
![Biden's Asian economic talks include 13 countries, and no China Biden's Asian economic talks include 13 countries, and no China](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-12/61639282698_TBJoeBiden.jpg)
The White House says the deal offers no tariff relief to the countries that join, including India, Malaysia and the Philippines, but provides a way to sort through key issues from climate change to supply chain resilience and digital trade. - REUTERS
Tumpuan Isnin – 08 Julai 2024
Ikuti rangkuman berita utama yang menjadi tumpuan di Astro AWANI.
'Jeff' dinobat siput terpantas dunia, menang Kejohanan Dunia Lumba Siput
Tahun ini, siput bernama Jeff dinobatkan sebagai pemenang, menang saingan akhir dengan masa 4 minit dan 3 saat. Begitupun, kepantasan Jeff tidak dapat memadam rekod yang dibuat pada tahun 1995 oleh seekor siput bernama Archie.
![Pentadbiran Prabowo-Gibran dijangka perkukuh industri sawit Indonesia Pentadbiran Prabowo-Gibran dijangka perkukuh industri sawit Indonesia](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/81720368598_TBPrabowo.jpg)
Pentadbiran Prabowo-Gibran dijangka perkukuh industri sawit Indonesia
Kerajaan baharu yang akan dipimpin oleh Prabowo Subianto-Gibran Rakabuming Raka dijangka memperkukuh daya saing produk minyak sawit sebagai komoditi strategik untuk pasaran domestik dan antarabangsa.
![Kanak-kanak lelaki maut selepas terjatuh ke dalam tasik Kanak-kanak lelaki maut selepas terjatuh ke dalam tasik](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-01/61706067730_TBgarisanpolis.jpg)
Kanak-kanak lelaki maut selepas terjatuh ke dalam tasik
Seorang kanak-kanak lelaki berusia sembilan tahun maut selepas terjatuh ke dalam tasik dipercayai ketika sedang mencari lokan di Taman Tasik Teratai Fasa 2 Serendah, Hulu Selangor.
Ribuan umat Islam zahir solidariti kepada Palestin di Shah Alam
Bertemakan Gaza Bangkit, program pada Ahad malam itu turut mengundang pendakwah dari Indonesia, Ustaz Abdul Somad Batubara untuk menyampaikan ceramah.
NGO, belia perlu ambil iktibar peristiwa hijrah - PM
Perdana Menteri, Datuk Seri Anwar Ibrahim menyeru pertubuhan bukan kerajaan dan gerakan belia mengambil iktibar daripada peristiwa Hijrah Nabi Muhammad SAW untuk mengembalikan kegemilangan negara.
Kehadiran ATM di Timur Sabah berikan keyakinan masyarakat setempat
Kehadiran pasukan Angkatan Tentera Malaysia (ATM) di Timur Sabah meningkatkan keyakinan masyarakat setempat serta merancakkan lagi pembangunan sektor pelancongan, ekonomi dan sosial di kawasan itu.
![Berita tempatan pilihan sepanjang hari ini Berita tempatan pilihan sepanjang hari ini](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-12/61703329565_TBBERITAx.jpg)
Berita tempatan pilihan sepanjang hari ini
Berikut adalah berita yang paling menjadi tumpuan sepanjang Ahad, 7 Julai 2024.
![Berita antarabangsa pilihan sepanjang hari ini Berita antarabangsa pilihan sepanjang hari ini](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-03/71709993909_TBBERITAx.jpg)
Berita antarabangsa pilihan sepanjang hari ini
Berikut adalah yang paling menjadi tumpuan sepanjang Ahad, 7 Julai 2024.
Enam cedera hari pertama Festival Larian Lembu di Sepanyol
Meskipun ada yang cedera, acara tersebut sentiasa mendapat perhatian dan tahun ini, ratusan orang mengejar enam ekor lembu jantan di bandar itu.
![Iklan Mechamato terpampang di Tokyo curi perhatian netizen Iklan Mechamato terpampang di Tokyo curi perhatian netizen](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/51719310851_mechamato.jpg)
Iklan Mechamato terpampang di Tokyo curi perhatian netizen
Siri animasi Mechamato sekali lagi mencuri perhatian peminat animasi tempatan dan luar negara apabila iklan animasi itu terpampang di papan iklan di Tokyo, baru-baru ini.
![Pertemuan PM Anwar-Kishida nilai kemajuan kerjasama Malaysia-Jepun Pertemuan PM Anwar-Kishida nilai kemajuan kerjasama Malaysia-Jepun](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-05/81716449486_tbbilateralduahal.jpg)
Pertemuan PM Anwar-Kishida nilai kemajuan kerjasama Malaysia-Jepun
Menerusi pertemuan itu, kedua-dua pemimpin dapat menilai kemajuan kerjasama antara Malaysia dan Jepun meliputi pelbagai bidang.
![Hubungan dingin AS-China: Malaysia ambil pendekatan neutral - PM Anwar Hubungan dingin AS-China: Malaysia ambil pendekatan neutral - PM Anwar](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-05/61716445120_AnwarIbrahim.jpg)
Hubungan dingin AS-China: Malaysia ambil pendekatan neutral - PM Anwar
Malaysia mengambil pendirian untuk tidak akan menyebelahi mana-mana pihak susulan ketegangan yang berlaku dalam hubungan antara Amerika Syarikat (AS) dan China.
![Pesawat Japan Airlines terbakar: Malaysia zahirkan simpati dan ucap takziah Pesawat Japan Airlines terbakar: Malaysia zahirkan simpati dan ucap takziah](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-01/81704189446_TBJapanairlinej.jpg)
Pesawat Japan Airlines terbakar: Malaysia zahirkan simpati dan ucap takziah
Menurut laporan, kesemua 379 penumpang dan krew penerbangan JAL 516, termasuk 8 kanak-kanak, berjaya diselamatkan, dengan sekurang-kurangnya 17 orang cedera.
![Nahas JAL516: Pesawat Japan Airlines terbakar di Lapangan Terbang Haneda Tokyo Nahas JAL516: Pesawat Japan Airlines terbakar di Lapangan Terbang Haneda Tokyo](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-01/81704189446_TBJapanairlinej.jpg)
Nahas JAL516: Pesawat Japan Airlines terbakar di Lapangan Terbang Haneda Tokyo
Sebuah pesawat Japan Airlines dilaporkan terbakar di Lapangan Terbang Haneda di Tokyo dan anggota bomba dilaporkan sedang bertungkus-lumus memadamkan kebakaran ketika ini.
![Lawatan ke Jepun berjaya, tarik potensi pelaburan RM6.56 bilion - PM Anwar Lawatan ke Jepun berjaya, tarik potensi pelaburan RM6.56 bilion - PM Anwar](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-12/41702899954_AnwarIbrahim.jpg)
Lawatan ke Jepun berjaya, tarik potensi pelaburan RM6.56 bilion - PM Anwar
Lawatan Perdana Menteri ke Jepun dianggap berjaya dan menggalakkan apabila nilai potensi pelaburan yang dibawa pulang berjumlah RM6.56 bilion.
![AZEC: Kebersamaan semua negara, bantu percepat peralihan tenaga - PM Anwar AZEC: Kebersamaan semua negara, bantu percepat peralihan tenaga - PM Anwar](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-12/51702878080_TBANWARIBRAHIMj.jpg)
AZEC: Kebersamaan semua negara, bantu percepat peralihan tenaga - PM Anwar
Malaysia menekankan kebersamaan semua negara dalam memainkan peranan lebih aktif berkaitan kerjasama dana hijau, insentif, fasilitasi teknologi dan infrastruktur.
![PM Anwar bertemu ahli perniagaan, kapten industri Jepun PM Anwar bertemu ahli perniagaan, kapten industri Jepun](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-12/41702714240_TBAnwarIbrahim.jpg)
PM Anwar bertemu ahli perniagaan, kapten industri Jepun
Perdana Menteri Datuk Seri Anwar Ibrahim mengadakan pertemuan dengan ahli-ahli perniagaan Jepun yang berlangsung di The Prince Park Tower Tokyo.
![Sidang ASEAN-Jepun: PM akan bangkitkan isu perubahan iklim, perjanjian ekonomi, Palestin Sidang ASEAN-Jepun: PM akan bangkitkan isu perubahan iklim, perjanjian ekonomi, Palestin](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-12/81702639970_DutaMalaysiaJepun.jpg)
Sidang ASEAN-Jepun: PM akan bangkitkan isu perubahan iklim, perjanjian ekonomi, Palestin
Penyertaan Anwar bersama pemimpin ASEAN lain pada Sidang Kemuncak Peringatan ASEAN-Jepun dianggap sangat signifikan.
![Matrade ketuai misi pecutan eksport ke Jepun dari 31 Okt hingga 8 Nov 2023 Matrade ketuai misi pecutan eksport ke Jepun dari 31 Okt hingga 8 Nov 2023](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2016-05/71462785336_Matrade.jpg)
Matrade ketuai misi pecutan eksport ke Jepun dari 31 Okt hingga 8 Nov 2023
Matrade akan mengetuai misi pecutan eksport melibatkan 16 syarikat Malaysia ke Tokyo dan Osaka, Jepun dari 31 Okt hingga 8 Nov, 2023.