Indo-Pacific Economic Framework

**Indo-Pacific Economic Framework for Prosperity**
Indo-Pacific Economic Framework for Prosperity
	Members of IPEF
Type	Economic initiative
Membership	14 countries Australia; Brunei; Fiji; India; Indonesia; Japan; Malaysia; New Zealand; Philippines; Singapore; South Korea; Thailand; United States; Vietnam;

The Indo-Pacific Economic Framework for Prosperity (IPEF) is an economic initiative launched by U.S. President Joe Biden on May 23, 2022. The framework launched with fourteen participating founding member nations in the Indo-Pacific region with an open invitation for other countries to join.

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