Why this agreement matters.
- ✓ India joined supply chains + clean economy + fair economy pillars
- ✓ India opted out of IPEF trade pillar — no tariff preferences
- ✓ IPEF is NOT an FTA
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Free trade agreement · 🇺🇸 ↔ 🌏 · Partial Active ✅
Indo-Pacific Economic Framework (IPEF)
IPEF — Partial Active ✅. India direct party — 3 of 4 IPEF pillars. Trade: USD 35T combined GDP.
India direct party — 3 of 4 IPEF pillars
Aggregate trade volume among parties: USD 35T combined GDP
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