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RCEP

Regional Comprehensive Economic Partnership (ASEAN+6)


India will resist China’s economic imperialism
By opting out of RCEP, PM Modi had already shown the way. This is an opportunity for the domestic economy.
Joining China-backed RCEP not in New Delhi’s interest – Indian Foreign Minster
The top minister said that the trade deficit of countries part of the Regional Comprehensive Economic Partnership (RCEP) has nearly doubled over the past 15 years, while their manufacturing levels also remain abysmally low.
The RCEP talks and India’s anxieties
The biggest concern of India with RCEP at this juncture is not merely the economic reasons, but more geopolitical: the existence of China.
Australia keen on penning RCEP trade pact this year despite disputes with China
Australia has reaffirmed its commitment to signing the Regional Comprehensive Economic Partnership (RCEP) trade agreement despite rising political tensions with China.
India and US are ‘nearer to a smaller’ trade deal than ever before, says envoy Sandhu
India said both New Delhi and Washington are now “nearer” to a smaller trade deal than ever before as the US believes a free trade agreement (FTA) is possible even as India has walked out the Regional Comprehensive Economic Partnership (RCEP).
China’s interest in trans-Pacific trade deal met with scepticism by those who helped negotiate it
A series of high profile officials in Beijing have recently voiced openness about China joining a trans-Pacific trade pact abandoned by the United States in one of the first acts of Donald Trump’s presidency.
Indonesia banks on RCEP
Indonesia is eagerly anticipating the signing of the Regional Comprehensive Economic Partnership (RCEP) in November, believing the China-led trade pact could pave the way for more economic activity and a stronger recovery from the Covid-19 pandemic.
S. Korea to push for conclusion of Asia-Pacific trade deal this year
South Korea said will push for the conclusion of a mega Asia-Pacific trade deal this year to help boost ailing exports and cope with the growing protectionism around the globe in the face of the new coronavirus pandemic.
RCEP free trade deal unlikely to come into force soon, says Asean sec-gen
Once RCEP is signed, it needs to be ratified by all member states for it to come into force, which could take quite a while.
Thailand prepares to sign RCEP pact minus India
Fifteen Asia-Pacific countries will sign the RCEP trade pact by the end of 2020 but India will not be among them.
Indonesia looks to sign RCEP this year to support economic recovery
Indonesia and 14 other negotiating countries agreed Tuesday to sign the Regional Comprehensive Economic Partnership (RCEP) this year to help their economies recover from the pandemic-induced downturn.
Trade ministers vow to sign RCEP before end of 2020
Trade ministers of the 10-member states of ASEAN and Free Trade Agreement (FTA) Partners (Australia, China, Japan, Korea, and New Zealand) reaffirmed the signing of the RCEP Agreement before end of 2020.
Galwan stand-off: India takes another shot at free trade deal with US
As India distances itself from China following the clash in Ladakh between soldiers of the two countries, the Centre is keen to have another go at negotiating the India-US free trade agreement.
RCEP will undermine fight against COVID19 pandemic
The 15 governments must consider the adverse impact of the mega FTA and put an end to trade agreements such as RCEP as they only increase protection and power of multinational corporations.
Collectively to reject the RCEP negotiations in the middle of a pandemic
Amid the pandemic Covid-19 outbreak with the protocol health of all States, the trade negotiations for the Regional Comprehensive Economic Partnership (RCEP) is still ongoing. The Government should use the momentum of the pandemic to assess thorough draft related agreements RCEP.
India to step up free trade agreement talks despite self-reliance mantra
India hasn’t shunned efforts to forge “balanced” trade agreements despite renewed push for self-reliance, and talks with key partners, including the US, the EU and Australia, will gain momentum once the impact of the pandemic wanes considerably.
India not ready to take up RCEP’s ‘flexible’ offer
Attempts to woo India back to negotiating table fail, as the country struggles to fight pandemic.
S. Korea to push for conclusion of RCEP this year despite pandemic
South Korea said it will spare no efforts to conclude a mega Asia-Pacific trade pact by the end of this year in line with efforts to revitalize an extended slump in its exports amid the new coronavirus pandemic.
Asia Trade bloc seeks ways to include India, says New Zealand official
The 15 member countries of the RCEP grouping have proposed that India defer opening up its market to them, in a move to address New Delhi’s key concern of its burgeoning trade deficit with them especially China.
RCEP countries woo India back to drawing board with ‘flexible package’
To urge India back to the negotiations for the Regional Comprehensive Economic Partnership (RCEP), its 15 member countries have offered New Delhi the option of deferring commitments related to opening up its market.