India likely to close discussions on 2 more IPEF pillars in US next week

According to government officials, the process for domestic approval for signing the supply chain resilience agreement is underway

India, along with 13 other nations under the US-initiated Indo-Pacific Economic Framework (IPEF), is likely to substantially close discussions on two more pillars – clean and fair economy – during the upcoming ministerial slated to take place in San Francisco next week.

With this, the negotiations related to three out of IPEF’s four pillars will be completed within a year-and-a-half since the launch of the economic initiative. Already, the legal scrubbing process of the second pillar – the supply chain resilience agreement – has now been completed.

IPEF is a 14-member grouping launched by US President Joe Biden last year with an