American President Joe Biden is all set to launch Indo-Pacific Economic Framework(IPEF) during his first trip to Asia which begins on May 20.

Biden administration has provided the documents of framework to Asian countries. Big Asian countries are working on the language of a two-page statement that will accompany the unveiling of the IPEF.

Nepal’s Ministry of Foreign Affairs has not said anything about whether America has shared any documents on IPEF.  "We do not have any information about it," said the official. 

Earlier, countries across the Indo-Pacific have spent the past year urging the US to develop an economic strategy to help counter China. Nepal figures out prominently in America’s Indo-Pacific Strategy.