Business Standard

Govt to brief industry on US-led initiative IPEF's supply chain pillar

Government officials said there will be more rounds of stakeholder and legal consultations will take place before the text is finalised

exports, imports, trade
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Shreya Nandi New Delhi

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The commerce department will soon begin an outreach programme to apprise the industry about the United States-led economic initiative Indo-Pacific Economic Framework’s (IPEF)’s supply chain pillar, which is nearing completion.

“The idea is to let the industry know about how they need to gear up and prepare themselves for the implementation of IPEF (supply chain pillar),” a senior government official told Business Standard.

The previous ministerial in Detroit late last week saw “substantial conclusion” of the negotiations of the IPEF’s supply chain pillar. Government officials said there will be more rounds of stakeholder and legal consultations will take place before

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First Published: May 30 2023 | 8:14 PM IST

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