U.S. Department of Commerce Recognizes The Asia Foundation in Ministerial Meeting Coverage for Indo-Pacific Economic Framework for Prosperity
June 6, 2024 — The U.S. Department of Commerce highlighted The Asia Foundation in a news release covering an Indo-Pacific Economic Framework for Prosperity (IPEF) ministerial meeting hosted by Singapore. Launched in September 2022, the IPEF aims to support sustainable and inclusive economic growth. The public-private initiative focuses on providing women and girls in emerging economies and middle-income partner countries with access to digital skills training, fostering economic empowerment and development.
The IPEF partners welcomed the substantial progress on the IPEF Upskilling Initiative, which was launched in September 2022 to support sustainable and inclusive economic growth and development by providing primarily women and girls in IPEF emerging and middle-income partner countries with access to digital skills training. The IPEF partners welcomed the efforts of the 14 participating U.S. companies and The Asia Foundation in meeting the Initiative’s commitment to provide 7 million upskilling opportunities, primarily for women and girls, over 10 years, and have surpassed that commitment well before with 10.9 million opportunities already provided in the last 2 years.
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