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RCEP

Regional Comprehensive Economic Partnership (ASEAN+6)


Ministry seeks nod for RCEP signing
The Commerce Ministry is scheduled to propose cabinet endorsement of Thailand’s participation in signing the Regional Comprehensive Economic Partnership (RCEP) by the middle of this year.
S. Korea vows to bolster economic cooperation with Russia, Mongolia
South Korea plans to bolster economic ties with Russia, Mongolia and other Central Asian nations and use the momentum to buttress recovery of the export-driven economy.
India, US in advance-stage talks to resolve trade issues, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal on Thursday said India and the US are in an “advance stage” of dialogue to resolve some of the pressing trade issues.
RCEP offers $125 billion market for domestic companies
Even though the government has decided to stay out of the world’s largest trade block RCEP, it offers a market potential of USD 125 billion if domestic firms improve competitiveness, as per a World Trade Centre study.
India’s ‘door still open’ to RCEP free-trade deal: Foreign Minister Subrahmanyam Jaishankar
More than two months after India pulled out of the Regional Comprehensive Economic Partnership (RCEP), Foreign Minister Subrahmanyam Jaishankar has suggested New Delhi could rethink its decision.
S. Korean investment agreements allow paper companies to request international arbitration
South Korea has concluded no fewer than 99 investment agreements that allows paper companies to take advantage of investor-state dispute system.
US–China rivalry and the future of interdependence
The clash between the US and China is arrestingly sharp and deep not only because the stakes are so high and the parties so profoundly different but also because it has been brewing over several decades of increasingly intimate and complex interaction.
Chinese textile companies bank on BRI for growth
As participating countries are expected to sign the RCEP this year, China’s textile industry must accelerate the adjustment of products, capacity and trade structure to better integrate regional development in the next stage.
India has left RCEP behind, but not its ambition in Southeast Asia
India’s decision in the final months of last year to withdraw from negotiations for the mega-regional trade agreement known as the RCEP disappointed the countries of Southeast Asia, which are also members of the ASEAN.
Japan, Australia reaffirm goal for RCEP deal
Japan and Australia reaffirmed their goal of concluding the envisioned RCEP free trade deal among 16 nations including India by the end of the year.
Protectionism is not best way to ensure prosperity of all: Singaporean minister
Protectionism and import substitutions are not the best ways to ensure the prosperity of all, especially the poorest of the poor, but keeping the economy open to the world is, senior Singaporean minister Tharman Shanmugaratnam has said.
Regional Comprehensive Economic Partnership spells danger for 1.1 billion women
Australia has yet to show any serious interest in recognising the potential negative impacts of trade policies on gender or take steps to systematically assess these. A gender equitable trade policy is possible. But it would look nothing like the RCEP.
RoK seeks stronger ties with ASEAN to accelerate RCEP
The Republic of Korea (RoK) will spare no efforts to help conclude the RCEP by the end of this year by forging deeper ties with the ASEAN, as the country strives to revitalise its ailing exports
India’s withdrawal from RCEP a breather on many fronts
India’s decision to pull out of RCEP means its policy on access to inexpensive drugs will not be under pressure.
Post RCEP walk out, Centre to focus more on bilateral trade agreements in 2020
Despite the country now having backed out of the mega trade deal, its renewed interest on its other trade pacts, several of which have failed to deliver the results expected, has set the tone for its focus in the coming year.
India’s geopolitical blunder will lead to economic woes
For New Delhi, though, RCEP is first and foremost an economic deal that could hurt its more vulnerable industries and lead to near-term pain.
RCEP fallout: raw deal
The withdrawal of India from the RCEP as also the changed ground truths call for a recalibration of the FTP which is not only in tune with the changing times, but factor in future uncertainties as well.
RCEP nothing but an India-China free trade agreement: Piyush Goyal
Commerce and Industry Minister Piyush Goyal hailed Prime Minister Narendra Modi for India’s decision to opt-out of the RCEP noting that it was nothing more than a FTA between India and China.
Is free trade dead?
Conflict over trade dominated the economic headlines in 2019, so it’s surprising that the year ended with significant progress on three trade agreements.Each tells a different story about the outlook both for the global economy and for relations between nations.
Seoul, Beijing, Tokyo agree to accelerate trilateral FTA talks
Top trade officials from South Korea, China and Japan agreed to accelerate their trilateral free trade talks and ramp up efforts to conclude a mega Asia-Pacific trade deal.