News and reports from the Department of Commerce.

U.S. Secretary of Commerce Gina Raimondo and Australian Minister for Trade and Tourism, Senator the Honourable Don Farrell, convened on June 6, 2024, for the third annual ministerial meeting of the Australia-United States Strategic Commercial Dialogue. This meeting took place alongside the Indo-Pacific Economic Framework for Prosperity (IPEF) ministerial meetings in Singapore.

Today, approximately two years since the launch of the Indo-Pacific Economic Framework for Prosperity (IPEF) in Tokyo, Japan, the 14 IPEF partners—Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States and Viet Nam—announced significant new achievements related to the IPEF Agreement Relating to Supply Chain Resilience (Pillar II), the IPEF Agreement Relating to a Clean Economy (Pillar III), and the IPEF Agreement Relating to a Fair Economy (Pillar IV), as well as the...

Since President Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF) two years ago, the United States and 13 other IPEF partners have worked to deepen long-term regional economic engagement. Over this period, these partners have progressed from a vision to three innovative economic cooperation agreements.

On June 6, 2024, approximately two years after President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF), the United States and its 13 IPEF partners – Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Viet Nam – inaugurated the IPEF Clean Economy Investor Forum. The forum aims to catalyze investment in sustainable infrastructure and climate technology projects aligned with strong environmental, social and governance-based (ESG) investing and labor standards....

U.S. Secretary of Commerce Gina Raimondo announced today that the IPEF Upskilling Initiative has surpassed its initial goal, delivering over 10.9 million upskilling opportunities through in-person, hybrid, and online formats. This achievement exceeds the original target of 7 million opportunities by 2032.

U.S. Secretary of Commerce Gina Raimondo traveled to Singapore this week to participate in the Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial meeting. During the event, IPEF partners signed the Clean Economy Agreement, Fair Economy Agreement, and the Agreement on IPEF, further advancing progress on these accords as well as on the Supply Chain Agreement that came into force in February.

On June 5, 2024, U.S. Secretary of Commerce Gina Raimondo and Singapore Minister for Communications and Information Josephine Teo co-led a Roundtable on Artificial Intelligence (AI) with representatives from U.S. and Singapore companies and government officials. The event highlighted the strong relationship between the United States and Singapore, emphasizing their cooperation on digital issues.

SINGAPORE – On June 5, 2024, U.S. Secretary of Commerce Gina Raimondo and Singapore Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong convened the 2024 U.S.-Singapore Partnership for Growth and Innovation (PGI) Ministerial meeting. The following joint statement was issued:

SINGAPORE – U.S. Secretary of Commerce Gina Raimondo met today with Singapore’s Deputy Prime Minister and Minister of Trade and Industry Gan Kim Yong for a Ministerial-level meeting of the U.S.-Singapore Partnership for Growth and Innovation (PGI). During the meeting, Secretary Raimondo congratulated Deputy Prime Minister Gan on his recent appointment.

SINGAPORE – U.S. Secretary of Commerce Gina Raimondo today convened a roundtable discussion with U.S. Ambassador Jonathan Kaplan and several senior U.S. business leaders on the Indo-Pacific Economic Framework for Prosperity (IPEF). Secretary Raimondo highlighted the accomplishments that the fourteen IPEF partners have achieved over the past two years since IPEF was launched.

U.S. Secretary of Commerce Gina Raimondo met with Prime Minister of Singapore Lawrence Wong today. During the meeting, Secretary Raimondo congratulated Prime Minister Wong on his recent inauguration as Singapore's fourth prime minister.

SINGAPORE – U.S. Secretary of Commerce Gina Raimondo and Singapore’s Minister of Communications and Information Josephine Teo convened a roundtable discussion today with business and tech leaders on artificial intelligence (AI). Both officials emphasized the importance of harnessing AI's full potential while promoting high standards for its responsible design, development, and deployment.

Earlier this month, the Department of Commerce Office of Faith-Based & Neighborhood Partnerships, in collaboration with Hispanic Access, hosted the National Latino Advocacy Summit in Washington, D.C. The event aimed to empower the Latino community and enhance their advocacy capabilities.

The U.S. Department of Commerce's U.S. Patent and Trademark Office (USPTO) is actively providing intellectual property (IP) and entrepreneurship resources to the military community, including service members on active duty, military spouses, National Guardsmen, Reservists, veterans, and military family members worldwide. This initiative aligns with President Biden’s commitment to supporting veterans, military families, and caregivers.

U.S. Secretary of Commerce Gina Raimondo will travel to Singapore from June 3 to June 6 to participate in the Indo-Pacific Economic Framework for Prosperity (IPEF)’s Ministerial meeting. Raimondo will also lead 22 American companies to the inaugural IPEF Clean Economy Investor Forum, aiming to accelerate sustainable infrastructure and climate technology investments in the region.