Philippines’ stance on RCEP

Philippines Senate has postponed the ratification of RCEP after Farmers and other civil society groups in the country took cue from India’s decision to stay out of RCEP. Highlights Philippines also expressed strong reservations against mega trade deal signed by ..

Month: Current Affairs - February, 2022

Category: International / World Current Affairs

China applied to join Asia-Pacific Free Trade

China has applied to join the Asia-Pacific Free Trade grouping of 11-nation in a bid to increase its influence over international policies. Highlights Application was submitted by the Commerce Minister Wang Wentao, to the Trade Minister of New Zealand as ..

Month: Current Affairs - September, 2021

India decides not to join Regional Comprehensive Economic Partnership deal

During the Regional Comprehensive Economic Partnership (RCEP) summit in Bangkok, India has decided not to join the RCEP deal as negotiations failed to address New Delhi’s outstanding issues and concerns. The summit included China, Japan, Australia, New Zealand, South Korea, ..

Narendra Modi leads Indian delegation at 35th ASEAN Summit

The 35th Association of Southeast Asian Nations (ASEAN) Summit 2019 has started in Bangkok, Thailand on 1st of November with theme ‘Advancing Partnership for sustainability’. During 5-days summit East Asia summit (EAS) and Regional Comprehensive Economic Summit (RCEP) will be ..

7th RCEP Ministerial Meeting commence in Bangkok from 8-10 September

The 7th Regional Comprehensive Economic Partnership (RCEP) ministerial meeting of 10 members of ASEAN countries and their six FTA (free trade agreement) partners is being held in Bangkok, Thailand from 8-10 September 2019. Key Highlights of Meet Participants: Along with ..

Month: Current Affairs - September, 2019

Cambodia venue of 7th RCEP Inter-Sessional Ministerial Meeting

The 7th Regional Comprehensive Economic Partnership Intersessional Ministerial Meeting (7th RCEP ISSL MM) will be held in Siem Reap, Cambodia on 2nd March 2019. The aim of the 16-member RCEP is to cover issues related to goods, services, investments, economic ..

India’s Rising Trade Imbalance

The Free Trade Agreement (FTA) refer to the cooperation between at least two countries to reduce trade barriers like import quotas and tariffs to increase trade of goods and services with each other. How does FTA’s work? The free-trade agreement aims at reducing barriers to exchange so ..

33rd ASEAN summit 2018 started in Singapore

The 33rd edition of ASEAN summit 2018 has started in the city-state of Singapore on November 11 with theme ‘Resilient and innovative Asean’. The main event is being held at Suntec Singapore Convention Centre, wherein the ten ASEAN members will ..