Indo Pacific Economic Framework

Question 1

The IPEF was launched on?

Answer 1

23rd may 2022 by the US president in Tokyo a day before the QUAD summit

Question 2

The IPEF partners together represent what percentage of the world GDP?

Answer 2

40 percent of the world GDP is represented by the 14 IPEF partners

Question 3

The IPEF has how many pillars of focus

Answer 3

Four pillars namely
Trade; supply chains
Clean energy
Decarbonisation and infrastructure
Tax and anti corruption

Question 4

The Indo Pacific region covers half the world population and what percent of the global GDP?

Answer 4

60 percent of the global GDP comes from the Indo Pacific region of the world

Question 5

The IPEF was designed to be in line with the Paris agreement goals when was the Paris agreement adopted?

Answer 5

December 2015 by 196 countries at the conference of parties 21in Paris

Question 6

What countries are a member of the IPEF initiative

Answer 6

Australia
Brunei
Fiji
India
Indonesia
Japan
South Korea
Malaysia
New Zealand
Phillipines
Singapore
Thailand
Usa
Vietnam

Question 7

Who is the minister of commerce and industry in india

Answer 7

Piyush goyal

Question 8

In the September 2022 ministerial conference of IPEF india decided to stay out of which pillar?

Answer 8

Trade pillar

Question 9

India has strong views on what kind of indo Pacific region?

Answer 9

Free and open indo Pacific which prevents any single power to dominate the region or the waterways and india is ready to work with like minded people to do so

Question 10

How is IPEF not a regular trade pact

Answer 10

Unlike the other traditional trade pacts IPEF allows it’s participants to pick their share of the multiple pillars of IPEF which they want to be a part of they are not obligated to be a part of all the pillars