Under pressure to substantially increase its tariff offer under the proposed Regional Comprehensive Economic Partnership (RCEP) trade negotiations, India has made a counter-proposal to make the bilateral services agreement between Australia and New Zealand free trade agreement (FTA) the basis of the services agreement under RCEP.
The Association of South-east Asian Nations (Asean)-led Regional Comprehensive Economic Partnership (RCEP) is the most ambitious regional trade agreement to date, covering 30 per cent of both global trade and the world’s gross domestic product (GDP).
China is pushing to get the Regional Comprehensive Economic Partnership (RCEP) pact wrapped up fast. But the negotiations over the ambitious regional trade deal, which began over five years ago – with the 19th round of talks held in Hyderabad last month – look unlikely to conclude by the tentative year-end deadline.
China is pushing to get the RCEP pact wrapped up fast. But the negotiations over the ambitious regional trade deal, which began over five years ago — with the 19th round of talks being held in Hyderabad last month — look unlikely to conclude by the tentative year-end deadline.
Economic ministers of the Association of Southeast Asian Nations (ASEAN) are converging in the Philippines this week, to discuss how they can advance the planned Regional Comprehensive Economic Partnership (RCEP).
Despite challenges in the negotiations of the Regional Comprehensive Economic Partnership (RCEP), the 16 participating countries of the regional free trade deal are “optimistic to work at” the contentious issues particularly in trade in goods.
In a break from past trade pacts, India has agreed to provide future domestic policy concessions in investment and services sectors to RCEP members with a five-year gap
Reiterating the importance of concluding the Regional Comprehensive Economic Partnership (RCEP) agreement, economic ministers yesterday agreed to step up negotiations and break the stalemate to come up with realistic achievements that would stem the tide of trade protectionism by some of the world’s largest economies.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
