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Thai Prime Minister Prayuth Chan-ocha said Thursday that a new US-backed economic pact is further proof of how important and relevant Asia is today. "Asia is still expanding and gaining more influence in terms of strategic and economic importance," Prayuth said. US President Joe Biden and Japanese Prime Minister Fumio Kishida announced earlier in the week during a visit by Biden to Japan that 13 countries have joined the Indo-Pacific Economic Framework, a new trade pact that will help the United States work more closely with Asian economies on issues including supply chains, digital trade, clean energy and anticorruption efforts….
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