US-led IPEF threatens global trade and security, expert says

MEXICO CITY, May 27 (Xinhua) — The so-called Indo-Pacific Economic Framework (IPEF) launched by the United States threatens global trade and security through exclusion and other tactics that contradict its stated purpose, said said a Mexican political scientist.

In a recent interview with Xinhua, Jaime Tamayo, an international relations expert from the University of Guadalajara, said the initiative lends an “economic disguise” to Washington’s politico-military strategy targeting China, which aims to provoke conflicts with the Asian country, disrupting its growth and ruining its business plans.

The IPEF is part of a strategy of confrontation which is also based on the Quadrilateral Security Dialogue (Quad), specified the expert. By forming this security-focused group with Japan, Australia and India, the United States seeks to create “a kind of mini NATO in the Asia-Pacific region”, he said.

“The Quad is not a defensive or protective arrangement, just as NATO is not and never has been in terms of the defense of Western Europe. It has always been a vehicle of aggression and expansion,” Tamayo said.

According to the expert, the word “Indo-Pacific” reflects the geopolitical nature of IPEF.

“What they call the Indo-Pacific could be interpreted as a deliberate zone to encircle China. In that sense, the IPEF is a murky armed trade mechanism that you cannot face or deal with unless intention to withdraw trade from China,” he said.

According to Tamayo, the IPEF and the Quad can hardly succeed in isolating China, due to the country’s strong international trade ties.

However, the IPEF would generate divisions in Asia and fuel conflicts that go beyond trade and economic issues, he said.

Washington’s fear of losing global dominance in an increasingly multipolar world order is the only reason it wants to halt China’s growth and progress and downplay its importance, Tamayo said.

“It’s (the United States) an empire beginning to crumble and waving everywhere to try to avoid it, while taking increasingly illegitimate actions,” he added.

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