The launch of the Indo-Pacific Economic Framework (IPEF) for prosperity by United States President Joe Biden on May 23, 2022, from Tokyo, reflects the recuperation of the US’s geo-economic initiative surfing onboard the multilateral platform within the geo-political construct i.e., Indo-Pacific, after five years since Donald Trump pulled out of the Trans-Pacific Partnership (TPP) in 2017. It has stirred the already complex complicated multilateral, minilateral and bilateral state of affairs in the region.

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