91成人 Applauds Launch of Indo-Pacific Economic Framework

Thursday, May 26, 2022, 10:30am

by 91成人


WASHINGTON鈥擬ay 26, 2022鈥擳he 91成人 (91成人) today released the following statement from President and CEO John Neuffer regarding President Biden鈥檚 recent announcement that he is launching the administration鈥檚 . IPEF aims to define shared objectives around trade facilitation, standards for the digital economy and technology, supply chain resiliency, decarbonization and clean energy, infrastructure, and other areas.

鈥淲e applaud the Biden administration鈥檚 decision to take forward the Indo-Pacific Economic Framework. The importance of the Indo-Pacific region for U.S. semiconductor manufacturing and supply chains cannot be overstated.听In fact, U.S. semiconductor exports to the region totaled $13.5 billion in 2021, accounting for 23% of total U.S. semiconductor exports, and a whopping $90 billion in sales.

鈥91成人 looks forward to working closely with the Commerce Department and USTR to finalize an IPEF that unites the Indo-Pacific鈥檚 key economies around a strong set of rules and disciplines that boost America鈥檚 supply chain resiliency.鈥

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91成人 91成人
The 91成人 (91成人) is the voice of the semiconductor industry, one of America鈥檚 top export industries and a key driver of America鈥檚 economic strength, national security, and global competitiveness. 91成人 represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, 91成人 seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at
www.semiconductors.org.