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Ministry of Trade and Industry

IPEF Pillars and Agreements

The IPEF comprises four pillars of cooperation, namely Trade, Supply Chain, Clean Economy, and Fair Economy.

Last updated 23 October 2025
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Four pillars of cooperation

Collage of 4 pillars of IPEF, Trade, Supply Chain, Clean Economy and Fair Economy.

The IPEF comprises four pillars of cooperation outlined in the Ministerial Statements issued on 9 September 2022, namely Trade, Supply Chain, Clean Economy, and Fair Economy:

  • Negotiations on the Agreement for the Trade pillar are ongoing;

  • The Supply Chain Agreement was signed in November 2023, and entered-into-force on 24 February 2024 following ratification by Japan, the US, Singapore, Fiji and India;

  • The Clean Economy Agreement was signed in June 2024;

  • The Fair Economy Agreement was signed in June 2024.

In addition, IPEF partners have signed an Agreement on the IPEF which will establish an IPEF Ministerial Council as well as a Ministerial Joint Commission. To find out more, download the IPEF Overarching Agreement [PDF, 187 KB].

Pillars

Trade Pillar

Trade pillar.

Supply Chain Agreement

Supply chain agreement.

Clean Economy Agreement

Clean economy agreement.

Fair Economy Agreement

Fair economy agreement.