U.S. Forges Deal with 14 Indo-Pacific Nations to Bolster Supply Chains, Counter China

The Biden administration reached an agreement with 13 other Indo-Pacific countries to strengthen supply chains for critical products and reduce reliance on China.
The new Indo-Pacific Economic Framework aims to deepen U.S. economic ties in the region through four pillars focusing on supply chains, trade facilitation, clean energy infrastructure, and anti-corruption efforts.
The supply chain agreement establishes an early-warning system for crises and mechanisms for coordinated responses to disruptions between member countries including the U.S.
The deal follows U.S. warnings to allies about China's coercive economic tactics, especially in critical sectors like semiconductors.
Negotiations on the other three pillars of the framework are ongoing ahead of the Asia-Pacific Economic Cooperation summit in November.