Regional Comprehensive Economic Partnership (ASEAN+6)
Australian Trade Minister leads high-level delegation, holds talk with Indian counterpart Piyush Goyal.
New Delhi wants to resume negotiations on the long-pending Comprehensive Economic Cooperation Agreement with Australia, talks for which stalled in 2015.
India’s existing and stalled bilateral FTAs started to receive attention from the government last year, even as the country worked to join the RCEP, the world’s “largest” regional trade pact.
Vietnam’s Deputy Minister of Industry and Trade Trần Quốc Khánh talks to Vietnam News Agency about what went on at the recent meeting on Asean economic integration in Hanoi.
Australian Trade Minister will meet his Indian counterpart, likely to discuss RCEP and long-pending bilateral trade agreement.
South Korea will sign the Regional Comprehensive Economic Partnership (RCEP) pact with ASEAN countries, China, Japan, Australia and New Zealand in November 2020, irrespective of India’s participation, claims a media report.
Consider India as the key partner of the country’s New Southern policy, South Korea need to further beef up the economic cooperation.
The fact that China, Japan and South Korea (CJK) engaged in an agreed-upon trilateral summit framework, and bilateral dialogues on the sidelines, was no small achievement given heightened tensions between the three countries.
The six year long mobilisation led by farmers movements and trade unions have made it amply clear that rural India cannot be taken for a ride any more.
The US Mexico Canada Agreement extended the TPPA’s digital trade rules to provide even more extensive guarantees the already-dominant technology corporations. The RCEP puts a break on those developments.
Final text of Regional Comprehensive Economic Partnership (RCEP), presumably subject to technical legal review
Countries such as Australia, New Zealand, South Korea and Japan are among the first ones with which India is ready to consider individual agreements to begin with.
India was absent from two days of talks on a sprawling Asia-Pacific free trade agreement in Indonesia that ended Tuesday, fueling speculation that it may withdraw from the negotiations.
Australian High Commissioner Harinder Sidhu hope that India will seriously consider returning to the RCEP table.
The ASEAN Secretariat has invited India to participate in a meeting called in Bali on February 3 and 4 on RCEP agreement to sort out concerns of New Delhi.
Given the current ease and widespread access to information as well as the social media-facilitated civil mobilizations across the globe, political elites of the RCEP countries should be consistently mindful of such risk from the grassroot level.
The Commerce Ministry is scheduled to propose cabinet endorsement of Thailand’s participation in signing the Regional Comprehensive Economic Partnership (RCEP) by the middle of this year.
South Korea plans to bolster economic ties with Russia, Mongolia and other Central Asian nations and use the momentum to buttress recovery of the export-driven economy.
Commerce and Industry Minister Piyush Goyal on Thursday said India and the US are in an “advance stage” of dialogue to resolve some of the pressing trade issues.
Even though the government has decided to stay out of the world’s largest trade block RCEP, it offers a market potential of USD 125 billion if domestic firms improve competitiveness, as per a World Trade Centre study.