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1. Which country has been elected as Vice-Chair of the IPEF's Supply Chain Council?
India has been elected as the Vice-Chair of the Supply Chain Council under the Indo-Pacific Economic Framework for Prosperity (IPEF), alongside the USA as Chair. This appointment emphasizes India's pivotal role in enhancing supply chain resilience across the Indo-Pacific region. The IPEF, launched in 2022, aims to mitigate economic disruptions, improve crisis coordination, and reduce dependency on specific countries, such as China, by strengthening supply chains in critical sectors. The council includes 14 members and focuses on trade, supply chain resilience, clean economy, and fair economy.