Trans-Pacific Partnership (TPP) Current Affairs, GK & News

Indonesia’s stance on RCEP

December 31, 2021

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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China applied to join Asia-Pacific Free Trade

September 17, 2021

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 a representative of Comprehensive & Progress Agreement for Trans-Pacific Partnership (CPTPP) or the Asia-Pacific free ..

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Australia-UK Free Trade Deal

June 16, 2021

United Kingdom and Australia has signed a free trade deal on June 15, 2021. This trade deal eliminates tariffs on wide range of goods. This deal was signed following UK’s exit from European Union. With this deal, U.K. seeks to expand links across the world. Significance of the deal This deal is expected to boost ..

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