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A ministerial meeting for the Indo-Pacific Economic Framework (IPEF) kicked off on Thursday with representatives from the US and 13 other countries gathering to discuss the scope of planned negotiations. However, observers said that without touching on core issues that member states care about or bringing concrete benefits to them, the IPEF will not go far, and such a geopolitical tool disguised as economic cooperation is of little use in helping solve global challenges, especially inflation and the energy crisis.

United statesNew zealandRepublic ofSouth koreaSouth koreanGina raimondoDonald trumpLi tianguoPiyush goyalJoe bidenAsahi shimbunLos angelesLiu xiaoxueYasutoshi nishimuraKatherine taiYoshioka keiko