The Regional Comprehensive Economic Partnership (RCEP) is a mega-regional trade deal being negotiated among 16 countries across Asia-Pacific.
India today said the proposed Regional Comprehensive Economic Partnership (RCEP) with ASEAN countries will offer immense possibilities, accounting for about 40% of world trade.
Discussions on e-commerce is expected to have a significantly bigger footprint than earlier at the 19th Regional Comprehensive Economic Partnership (RCEP) negotiations, which was inaugurated on Tuesday in Hyderabad.
India’s reservations regarding the potential adverse impact of eliminating duties on its local manufacturing and job creation is understood to be slowing down the Regional Comprehensive Economic Partnership (RCEP) negotiations.
Regional Comprehensive Economic Partnership (RCEP) is one of the two proposed mega free trade agreements (FTAs) aiming at greater integration in the Asia-Pacific region, the other being the Trans-Pacific Partnership (TPP).
On the final day of the 19th round of negotiations on the Regional Comprehensive Economic Partnership (RCEP) agreement held here on Friday, various collectives that raised voices over its likely impact on the country’s indigenous groups, are left with no hope.
It really does not take too much of a sceptic to dismiss such questions out of hand. After all, unlike previous years, the largest economy in the group, the United States, has stopped being involved in the Trans-Pacific Partnership (TPP) negotiation process – acting instead under the dictum of “America First”
On the 24th of July India hosted the 19th round of negotiations for the Regional Comprehensive Economic Partnership (RCEP), a free trade agreement covering 16 countries in the Asia-Pacific region. India’s commerce secretary has said that there is “enough political will to expedite the conclusion of the talks” but in reality many barriers, both economic and political, remain.