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, and the 10-nation ASEAN grouping. The RCEP negotiations were meant to create the world’s biggest ..
Regional Comprehensive Economic Partnership: GK, Current Affairs, Questions, Trivia and News
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 also held. Prime Minister Narendra Modi will attend this summit on 3rd and 4th November. ..
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 and technical cooperation, competition and intellectual property rights. From India, Union Minister of Commerce & ..
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 that trade can grow as a result of specialisation, division of labour, and most importantly ..
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 be discussing key issues on economic, security and cultural cooperation. The summit is being chaired ..
The 6th RCEP Inter-sessional Ministerial Meeting (IMM) was held in Singapore on 12-13 October, 2018. The Ministers from 16 RCEP countries discussed modern, comprehensive and mutually beneficial economic partnership agreement among ASEAN and ASEAN’s FTA partners. The Indian delegation was led by CR Chaudhary, the Minister of State for Commerce & Industry and Consumer Affairs, ..
The 6th edition of RCEP Trade Ministers’ Meeting 2018 has started in Singapore on August 30, which consists of 10 ASEAN countries and six ASEAN FTA partners namely, India, China, Japan, Korea, Australia and New Zealand. In it, the Indian delegation is led by Suresh Prabhu, the Union Minister of Commerce & Industry and Civil ..
Union Government constitutes Group of Ministers (GoM) to look into issues related to the proposed mega free trade agreement Regional Comprehensive Economic Partnership
The Union government has constituted a 4-member Group of Ministers (GoM), headed by the Union Minister of Commerce and Industry Suresh Prabhu, to look into issues related to the proposed mega free trade agreement Regional Comprehensive Economic Partnership (RCEP). The GoM will deliberate upon the issues being raised by the industry as well as government ..