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The IPEF Upskilling Initiative, which will provide 7 million training opportunities in total over the next decade, was unveiled Thursday by Commerce Secretary Gina Raimondo and US Trade Representative Katherine Tai as they host a two-day meeting of the Asian nations in Los Angeles. The plan is designed to promote sustainable and inclusive economic growth, while advancing competitiveness in the region, they said.
“I have heard loudly and clearly from the region, particularly in the developing countries, ‘We need concrete benefits, tangible economic benefits,’” Ms. Raimondo said at the launch of the initiative on Thursday. “I hear that and I promise you the Indo-Pacific Economic Framework will deliver tangible economic benefits to your countries.”
Source: News Formal (newsformal.com)
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