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Indo-Pacific Economic Framework (IPEF)
The Indo-Pacific Economic Framework for Prosperity (IPEF) provides a platform for countries in the region to collaborate on advancing resilient, sustainable, and inclusive economic growth, and aims to contribute to cooperation, stability, and prosperity in the region.
Last updated 22 October 2025
About IPEF
The Indo-Pacific Economic Framework for Prosperity (IPEF) was launched on 23 May 2022 and currently includes 14 partners - Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States and Vietnam. It provides a platform for countries in the region to collaborate on advancing resilient, sustainable, and inclusive economic growth, and aims to contribute to cooperation, stability, and prosperity in the region. Read more on then-Prime Minister Lee Hsien Loong’s intervention at the Leaders’ launch of the IPEF and the Leaders’ Statement issued at the launch.
An IPEF Leaders event was held on 16 November 2023 in San Francisco, US, during which the Leaders announced that they would meet once every two years, launched an IPEF Critical Minerals Dialogue, and agreed to explore additional cooperative initiatives in areas such as energy security, technology and people-to-people ties. Read more on then-Prime Minister Lee Hsien Loong’s remarks at the event and the Leaders’ Statement issued at the event.
Leaders & Ministerial meetings
Leaders' Meetings
Ministerial Meetings
Singapore, 6 June 2024 [PDF, 587 KB]; held alongside the inaugural Clean Economy Investor Forum from 5 - 6 June 2024