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.
The IPEF Ministerial meeting marks the first in-person convening of Ministers since last November's substantial conclusion of negotiations for the Clean Economy Agreement and the Fair Economy Agreement, alongside the signing of the supply chain agreement. A virtual Ministerial meeting took place in March. The purpose of this upcoming meeting is for Ministers to review progress under these agreements and outline next steps.
The IPEF Clean Economy Investor Forum will bring together stakeholders from across the United States and the Indo-Pacific region. Participants aim to gain market insights, establish industry and government contacts, solidify business strategies, and identify funding opportunities aligned with the goals of the proposed Clean Economy Agreement. This agreement seeks to help partners meet their climate objectives by improving market conditions through coordinated policies, interoperable frameworks, and streamlined processes. It aims to attract investment in climate-related infrastructure, technologies, and projects while promoting expertise sharing on scaling up clean investments.
In Singapore, Secretary Raimondo will also engage in bilateral meetings with IPEF partner nations, interact with industry leaders, and address issues such as sustainable growth, climate objectives, and advanced technology.
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