(see link)...not sure where you get your information...hopefully not from the FOX "Pander" Network...
...maybe, you just don't care to get informed about anything....
Link: https://www.whitehouse.gov/briefing-room/statements-releases/2022/05/23/fact-sheet-in-asia-president-biden-and-a-dozen-indo-pacific-partners-launch-the-indo-pacific-economic-framework-for-prosperity/