Don Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

Thank you, Senator Polley. Recently, in Los Angeles, I joined ministers from 13 other partners across the Indo-Pacific to launch negotiations on the Indo-Pacific Economic Framework—or IPEF, as it's known. IPEF members include eight of our top 10 trading partners and key regional allies, like the United States, Japan, Korea, India, Indonesia and, of course, our Pacific neighbour Fiji. The framework will cover new and emerging trade issues, including supply chains, clean energy, infrastructure, tax and anticorruption. IPEF is an important part of the Albanese Labor government's trade policy agenda that will help businesses expand and support high-paying jobs.