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Clean and fair economy agreements involving the United States, Japan and a dozen other Indo-Pacific countries have taken effect in a step to advance decarbonization and economic cooperation in the region. The deals on two of the four pillars of the Indo-Pacific Economic Framework entered into force on Friday and Saturday, respectively. An accord on strengthening supply chains already took effect in February, while the remaining pillar is still being negotiated. Under the Clean Economy Agreement, 14 IPEF economies aim to accelerate energy transition in the fast-growing region through efforts su…

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