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Indo-Pacifi c Economic Framework – a New Form of Transregional Partnership

Author

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  • Boris Aronovich KHEYFETS

    (Financial University under the Government of the Russian Federation, Moscow, Russia)

Abstract

The article considers the features of the new transregional economic mega-partnership within the Indo-Pacifi c Economic Framework (IPEF), created in 2022. Unlike other transregional macro- partnerships, IPEF responds to the current challenges of the global economy and allows its participants not to take on excessive obligations that might limit their national sovereignty. Such partnership expands the areas for mutual cooperation in terms of involving countries with different levels of economic development, as well as a gradual strengthening of cooperation on these issues.

Suggested Citation

  • Boris Aronovich KHEYFETS, 2023. "Indo-Pacifi c Economic Framework – a New Form of Transregional Partnership," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 2, pages 94-101, February.
    • Handle: RePEc:alq:rufejo:rfej_2023_02_94-101
    DOI: 10.24412/2072-8042-2023-2-94-101
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