PM Modi in Tokyo to attend Joe Biden's Indo Pacific Economic Framework launch

Prime Minister Narendra Modi who arrived in Tokyo on Monday will meet top business leaders of Japan while he will also be attending the IndoPacific economic framework event IPEFUS President Joe Biden will launch IPEF this evening The IPEF is an initiative of the US President which is seen as a move to counter Chinese influence in the region Biden will unveil the IPEF while more details of the initiative are still to be knownThe PM will be participating at the launch of IPEF But whether India joins the initiative or negotiations will take place remains to be seen Through IPEF the US will be looking for partner countries in the region to work on shared objectives like clean energy decarbonization infrastructure and improving the supply chain India has time and again underlined the need for a reliable supply chain Speaking to ANI on the issue the Indian Ambassador to Japan Sanjay Kumar Verma told ANI that the supply chain will continue to be the main issue at the summitWhen you see prosperity peace and stability in the Indo Pacific the supply chain will continue to be the main issue And that is why India Japan and Australia signed a trilateral agreement on the supply chain resilience initiative What has happened is that many of these supply chains are concentrated in one particular geography and whenever that gets disrupted or those who control that geography wish to disrupt than the entire supply chain gets disrupted and people or industries which are downstream face the music Ambassador Kumar said India will also be participating in the Quad meet tomorrow which is expected to bring back focus on the IndoPacific regionMany see Quad as a counterforce to China however the Indian envoy to Japan says Quad is not directed against any country Quad is a positive constructive agenda So we dont target a country or a region What we look forward to is peace and stability in the Indo Pacific region which should be adhered to We await to see that international laws are followed and also free and open Indo Pacific is ensured In our case free open and inclusive Indo Pacific is seen as a viable option he said We want to see that no country takes the route of coercive economic policy so all these are in the basket but the prime motive agenda objective of Quad meeting is to see a peaceful stable and prosperous Indo Pacific the envoy saidThe RussianUkraine conflict is also expected to dominate the Quad meet on Tuesday Ambassador Sanjay Varma said I can not predict what the leaders will discuss but yes this is one of the global phenomena at the moment and that development has not only affected geopolitics but also affected energy and food security So again being an outsider I should say it will be Discussed or not discussed but certainly it is a major global agenda at the momentThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever