Key Points
Biden specifically mentioned India, stating that it is set to play a pivotal role in the global initiative to strengthen the semiconductor supply chain..
Besides India, Biden mentioned India, Japan, South Korea and Singapore as crucial partners for strengthening the critical semiconductor industry...
The Commerce Minister also met with Peru's Minister of Foreign Trade and Tourism Juan Carlos Mathews..
Biden made Americas case to national leaders and CEOs attending the Asia-Pacific summit that the US was committed to high standards in trade and to partnerships that will benefit economies across the Pacific..
According to Biden, the 14 Indo-Pacific Economic Framework members had reached a consensus on three crucial initiatives on supply chains, clean energy transitions and the clean economy which would drive them to the top on standards, transparency, inclusivity and innovation...
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