Which area is NOT a focus of the agreements signed by India under the Indo-Pacific Economic Framework (IPEF) for Prosperity in September 2024?

The correct answer is Military Cooperation.

Key Points

• The Indo-Pacific Economic Framework (IPEF) for Prosperity, launched in May 2022, focuses on economic cooperation in the Indo-Pacific region.
• Key pillars of IPEF include Trade, Supply Chains, Clean Economy, and Fair Economy.
• The agreements signed by India under IPEF in September 2024 emphasize improving trade facilitation, enhancing supply chain resilience, and fostering clean and fair economic practices.
• Military Cooperation is not a focus area of the IPEF agreements signed by India, as IPEF primarily concentrates on economic and trade-related issues.

Additional Information

• Indo-Pacific Economic Framework (IPEF)
  • Launched by the United States in May 2022, the IPEF aims to strengthen economic partnerships among countries in the Indo-Pacific region.
  • It includes 14 member countries, focusing on establishing rules and norms for trade and economic cooperation.
  • The IPEF is seen as a strategic initiative to counter China's growing influence in the region.
• Clean Economy
  • One of the pillars of IPEF, focusing on promoting sustainable and green growth.
  • It includes initiatives for reducing carbon emissions, transitioning to renewable energy, and enhancing energy efficiency.
• Fair Economy
  • Aims to ensure fair trade practices, transparency, and accountability among member countries.
  • Focuses on combating corruption, enhancing tax compliance, and promoting fair labor standards.
• Supply Chains
  • Another key pillar of IPEF, focusing on building resilient and secure supply chains.
  • Emphasizes cooperation among member countries to mitigate disruptions and ensure the smooth flow of goods and services.