US commerce secretary hails progress at year’s first meeting of Indo-Pacific trade grouping [Video]

U.S. Secretary of Commerce, Gina Raimondo, center, bilateral with Thai Foreign Minister Parnpree Bahiddha-Nukara at Foreign Ministry in Bangkok, Thailand, Thursday, March 14, 2024. Raimondo was in Thailand to promote US-Thai trade and investment relations, saying Thailand could benefit from efforts to diversify global supply chains, especially for semiconductors, and that Thailand’s plans to emphasize a digital economy will benefit both nations.(AP Photo/Sakchai Lalit)

BANGKOK (AP) — U.S. Commerce Secretary Gina Raimondo on Thursday praised the progress made by the 14 countries in the Indo-Pacific Economic Framework for Prosperity after the group held a ministerial meeting Thursday to discuss proposed guidelines for regional commerce.

Raimondo was in the Thai capital Bangkok to take part in the virtual meeting, the year’s first for the grouping. She is on an Asia tour that also took her to the Philippines this week with a private sector delegation to promote trade, investment and …

Tags Canada Economics, Finance, World Economics, World Economy