November 17, 2023
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Supply Chain Agreement signed, enabling coordinated regional cooperation on clean technologies and strengthened anti-corruption measures.
14 IPEF partners substantially concluded negotiations under the Clean Economy and Fair Economy pillars and signed the IPEF Supply Chain Agreement, creating cooperative frameworks and institutional arrangements to advance implementation. The Clean Economy pillar focuses on R&D, commercialization and deployment of climate-friendly technologies and investment facilitation, including hydrogen supply chain work and proposals on biofuels and e-waste recycling. The Fair Economy pillar targets stronger anti-corruption and tax measures, emphasising information sharing, asset recovery, and enhanced cross-border investigations and prosecutions.