New Delhi, May 21
The Indo-Pacific Economic Framework (IPEF) under the Quad is still under discussion, Foreign Minister Vinay Kwatra said on Saturday.
The Foreign Secretary indirectly refuted claims by US National Security Adviser Jake Sullivan that US President Joe Biden would also launch an ambitious new economic initiative for the region, IPEF, which will be a 21st century economic arrangement. century, designed to meet new economic challenges. .
Kwatra also played down reports that the Quad planned to expand to include more countries such as South Korea. “To our knowledge, I don’t think there’s any ongoing conversation about Quad’s future expansion,” he told a news conference.
The Foreign Secretary said Prime Minister Narendra Modi will visit Japan from May 23-25 to attend the Quad Leaders’ Summit and hold bilateral talks with US President Joe Biden and Japanese Prime Minister Fumio Kishida. PM Modi will also meet the new Australian leader.
Regarding Ukraine, he said: “Our position on Ukraine is abundantly clear and has been reiterated many times. From the start of hostilities, we called for an immediate cessation of hostilities and dialogue remains the best policy to move forward in this regard. “The Indo-Pacific presents challenges and opportunities. When Quad leaders speak, we speak of both challenges and opportunities. Quad’s primary focus is the Indo-Pacific,” he said.