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When was the signing ceremony for the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Agreement, Fair Economy Agreement, and Agree
Question

When was the signing ceremony for the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Agreement, Fair Economy Agreement, and Agreement on IPEF held?

A.

September 2024

B.

June 2023

C.

October 2023

D.

June 2024

Correct option is A

The correct answer is: (a) September 2024.
Explanation:
The signing ceremony for the Indo-Pacific Economic Framework for Prosperity (IPEF) agreements, including the Clean Economy Agreement, Fair Economy Agreement, and the Agreement on IPEF, took place in September 2024
The agreements became effective on October 11–12, 2024.
Information Booster:
  • IPEF Membership: The IPEF consists of 14 countries, including the United States, India, Japan, Australia, and many Southeast Asian nations.

  • The Clean Economy Agreement focuses on encouraging clean energy practices and climate action among the member countries.

  • The Fair Economy Agreement addresses issues related to trade fairness, labor rights, and environmental standards in global trade.

  • IPEF is an important initiative for strengthening economic cooperation in the Indo-Pacific region, particularly in the face of growing competition with other global powers.

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