Regional Comprehensive Economic Partnership (ASEAN+6)
A free trade deal that would have created a trading bloc covering half of the world’s population and more than a third of the world’s economic activity will stay on hold until 2020 after India refused to sign up.
India has decided not to join Regional Comprehensive Economic Partnership (RCEP), the mega Asian trade agreement between 16 countries with almost half the world’s population.
Trade Justice Pilipinas have come out on the streets over the last few weeks to lead various protest actions across the region against the RCEP—touted as the biggest regional free trade and investment deal.
The Heads of State/Government of the Member States of the Association of Southeast Asian Nations (ASEAN) and Australia, China, India, Japan, Korea, and New Zealand released a statement on the RCEP
The Forum for Trade Justice is of the opinion that the Government of India should not agree to the RCEP as it will be a bad deal for democracy, for farmers, workers.
The Congress has decided to hold protests across the State against the Regional Comprehensive Economic Partnership (RCEP) free trade agreement that is expected to be signed by India soon.
Leaders from 16 Asia-Pacific nations including Japan, China and India are likely to declare early next week their intent to give up achieving their goal of finalizing a free trade deal by the end of this year.
Ten Central Trade Unions (CTUs) have called on the Government to withdraw from the RCEP negotiations due to concerns over its possible negative impacts on workers and the economy.
Ministers from 16 Asia-Pacific nations failed to reach an agreement on creating the world’s largest free trade area at their meeting, a Thai negotiator suggested, but some are optimistic about the chances of a deal by year-end.
Sections of Indian industry, farmers and dairy sector have expressed concerns over the mega trade deal.
The Congress has claimed the Regional Comprehensive Economic Partnership, likely to be signed by India next month, would be a “jolt” to the country’s economy.
On 24th October and thereafter, thousands of farmers organized under the Indian Coordination Committee of Farmers’ Movement (ICCFM) and ally groups carried out coordinated actions and demonstrations reject RCEP.
The leaders of various farmers’ associations in the State have called upon the Union government to reject the proposed Regional Comprehensive Economic Partnership (RCEP) agreement.
Unions in Asia Pacific hold a series of synchronised actions, to voice their positions and opposition to RCEP deal.
The widespread protests by hundreds of farmers across the country against the Regional Comprehensive Economic Partnership (RCEP) went unnoticed by and large.
The Indian rice trade is keen that the cereal is included as part of the agreement as it could help boost exports.
The farmers from Mandya, Mysuru, Shivamogga, Hassan and other districts staged a massive protest against the proposal as they are apprehensive that the duty-free import of milk products will affect their livelihood.
The All-India Kisan Sangharsh Coordination Committee (AIKSCC) will organise protests, demanding the Union Government to withdraw from the Regional Comprehensive Economic Partnership (RCEP).
Those who oppose RCEP fear the pact will allow China to get access to the Indian market, especially because 90 per cent of the products are expected to have tariff free movement in the region over the next 15 years.
Shivamogga Milk Federation along with milk producers staged a protest against the inclusion of milk in the proposed Regional Comprehensive Economic Partnership.