SEOUL: Negotiating members of the United States-led Indo-Pacific Economic Framework (IPEF) have reached a consensus on two additional sectors of the agreement, energy and fair economy, South Korea’s trade ministry said Thursday.The IPEF was launched by US President Joe Biden in 2022 in a move to counter China’s growing influence in the region, which involves a total of 14 member nations, including South Korea, Australia, India, Japan, Singapore, Thailand and Vietnam.Among the initiative’s four sectors, the agreement on the supply chain resilience pillar was reached in May, according to Yonhap news agency. The clean energy pillar is anticipated to pave the way for participating nations to enh
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