Summary:

India signed key agreements on Clean Economy, Fair Economy, and the Indo-Pacific Economic Framework (IPEF) on September 21, 2024, during Prime Minister Modi's Quad Summit visit to the United States. The IPEF Clean Economy Agreement prioritizes technological collaboration, clean energy, and MSME investments, while the Fair Economy Agreement supports trade and tax transparency. The IPEF establishes a ministerial-level supervision structure to ensure these agreements are effectively implemented.

The first Investor Forum highlighted investment potential, including US$ 23 billion in critical infrastructure projects, with $4 billion from India. The IPEF encourages private investment through funding programs such as the Catalytic Capital Fund. It also includes initiatives like the Upskilling Initiative for Women and Girls, the Critical Mineral Dialogue, and a Tech Council for Technology Cooperation, which have improved regional collaboration among 14 nations since its inception in May 2022.

Source: IBEF 

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