Within the framework of the IPEF Ministerial Conference held in June 2024, 14 IPEF IPEF partners officially signed the Agreement on IPEF, the IPEF Clean Economy Agreement (Pillar III) and the IPEF Fair Economy Agreement (Pillar IV).

The IPEF Fair Economy Agreement is designed to create fairness, transparency, and improve tax transparency and the exchange of information, domestic resource mobilization, and tax administration in the region. The proposed IPEF Fair Economy Agreement targets three areas through commitments to: (i) prevent and combat corruption and related financial crimes; (ii) improve tax administration, tax transparency and the exchange of information, and domestic resource mobilization; and (iii) increase cooperation, information sharing, and technical assistance and capacity building on these issues.

The IPEF Fair Economy Agreement is attached below:

• The IPEF Fair Economy Agreement

• Agreement on IPEF
• The IPEF Clean Economy Agreement (Pillar III)
• The IPEF Supply Chain Agreement (Pillar II)
• Press Statement of the Ministerial Meeting in November 2023