US President Joe Biden participated in the Indo-Pacific Economic Framework meeting and announced progress on the important initiative proposed by the United States and 13 APEC partners. The Indo-Pacific Economic Framework aims to generate more growth and opportunity in the region, with a specific focus on addressing climate change. Biden highlighted the substantial progress made since the negotiations on the framework were launched in May 2022. He emphasized the ongoing work that still needs to be done to further advance the initiative and promote economic development in the Indo-Pacific region.