In a bid to work closely with Asia, US President Joe Biden unveiled a new trade pact named the Indo-Pacific Economic Framework or IPEF in Tokyo.

Australia, Brunei, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam are the other signatories to the pact.

Here’s all you need to know.

Credits:
Photos+Videos: Reuters, AFP.
Script + VO+ Edit: V Nivedita.

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