Regional Comprehensive Economic Partnership (RCEP) Current Affairs, GK & News

Regional Comprehensive Economic Partnership (RCEP)

Since November 2012, sixteen countries {ASEAN+6} have been engaged in the negotiations for a Free Trade Agreement called Regional Comprehensive Economic Partnership. The objective is to attain a modern, comprehensive economic partnership that covers not only goods but also trade in services, investments, technical cooperation, intellectual property, dispute settlement and other related matters. Partnering Countries ..

Indonesia’s stance on RCEP

On August 25, 2021, Trade Minister of India, Muhammad Lutfi, presented his case for lower house of Indonesia’s legislature, for ratifying the Regional Comprehensive Economic Partnership (RCEP) trade pact. Highlights In his statement to DPR Commission VI, Minister had argued that RCEP will be beneficial to Indonesia. It also promises to strengthen its role in ..

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RCEP Member States hope India will Rejoin the Proposed Trade Agreement

A virtual inter-sessional ministerial meeting of the proposed free trade agreement of a group of 15 countries from the Indo Pacific region- Regional Comprehensive Economic Partnership (RCEP) was conducted on 23rd June 2020. Apart from the 10 ASEAN countries, Japan, South Korea, New Zealand, Australia and China are the 15 countries that are negotiating for ..

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