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IPEF Negotiations

Why are we consulting now?

The United States first publicly announced the Indo-Pacific Economic Framework for Prosperity concept at the East Asia Summit in October 2021.

Following that, the United States invited New Zealand and other regional partners to participate in informal discussions on the development of the Framework.

On 23 May 2022 New Zealand leant its support to the United States and other regional partners in announcing the beginning of discussions toward the launch of negotiations. These discussions will enable interested parties to understand each others’ views on the four pillars, and to undertake a full assessment of the opportunities that a negotiation might represent.  It will also provide an opportunity for New Zealand to input into the direction and scope of an eventual negotiation.

Officials will be consulting closely with stakeholders and Māori throughout the process to ensure that their views shape the positions that New Zealand will take into discussions, and ultimately to ensure that the benefits of the IPEF flow to all New Zealanders.

Most recently, Ministers met virtually on 26 and 27 July to discuss positive progress made by Senior Officials and Chief Negotiators at an in-person meeting in Singapore (13 and 14 July). These conversations reaffirmed the collective commitment to maintaining momentum, and continuing to discuss the scope and substance of the Framework.

New Zealand has not yet made a formal decision to join Indo-Pacific Economic Framework for Prosperity negotiations. It’s important for us to hear from New Zealanders at this stage, so we can take account of your views before negotiations start in full.