Agreements 

Highlight of the text

Agreement on IPEF

Establishes two ministerial-level bodies that will meet annually: 

• IPEF Council: To consider matters affecting the collective operation of the IPEF agreements and Framework including accession of new members; and 
• Joint Commission:  To monitor the work under Pillars II-IV

Clean Economy Agreement

• Defines the scope of the agreement
• Calls for partnership with its Indigenous people to enhance efforts to transition to clean economies. 
• Recognizes important role of nuclear energy and civil nuclear cooperation in ensuring energy security.

Fair Economy Agreement

• Defines scope of the agreement
• Clarifies that this Agreement shall not affect the rights or obligations of a Party under any other agreement including UNCAC (United Nations Convention against Corruption) and UNTOC (United Nations Convention against Transnational Organized Crime). 
• Calls for International Cooperation for identification, freezing, and confiscation of proceeds of crime derived from offences established as per the UNCAC.