The Indo-Pacific Economic Framework (IPEF) lives, notching several milestones in Singapore on June 6 during an IPEF ministerial. The IPEF’s 14 members have created some momentum on three of the four pillars (supply chains, clean economy, and fair economy) that should spark interest from the private sector to play a role in ensuring the initiative’s durability, including in identifying commercially viable opportunities and helping to de-risk supply chains challenging markets. There are many questions on the durability of the framework, especially as former President Trump has threatened to “knock out” the IPEF should he win the U.S. presidential election. However, these recent efforts should incentivize the investors to support the codification of the IPEF, or at the very least, some aspects of it, regardless of who wins the U.S. election in November.