RCEP TRADE PACT
Focus on multilateral partnerships to check challenges posed by China: Experts
The views were expressed by a group of panelists including former Navy Chief Admiral Sunil Lanba during an exchange held virtually on the second day of the Military Literary Festival 2020 on "The Quad: The Emerging Indo-Pacific Naval Alliance".
View: There's no hurry for India to sign the RCEP, given its unresolved issues with FTAs
India has FTAs with 13 of the 15 RCEP countries — in...
China says it will accelerate implementation of RCEP trade deal
China will push forward the opening up of the goods, services and investment ...
Chinese Premier calls for strengthening counter-terrorism cooperation among SCO members
In his address at the virtual meeting of the Council of Heads of Government of the Shanghai Cooperation Organisation (SCO) hosted by India, Li said members of the SCO grouping should actively foster a secure and stable environment for development.
India opting out of RCEP credit positive for steel producers: Report
India has walked out of the regional trade alliance. Many in India have criticised India’s decision as the country could lose out the trade block in some areas such as bargaining power to maintaining high exports.
View: India's absence from RCEP raises questions about its role in Asia
China’s rapid progress, a contrast to that of slowcoach India, has empowered it to challenge the sovereignty of its neighbours in Southeast and East Asia, and also to threaten India’s immediate Indian Ocean area.
China's Xi Jinping to take spotlight at Asia-Pacific summit in Donald Trump's absence
Last week, 15 countries signed the Regional Comprehensive Economic Partnership (RCEP), and the China-backed accord, which excludes the United States, will loom large over the virtual summit of the Asia-Pacific Economic Cooperation (APEC) hosted by Malaysia. A dozen of APEC's 21 members signed up to RCEP.
View: RCEP pact shows China can pursue aggressive policies without cost
Trump, however impulsive and erratic, understood China’s game. His trade war against China signified the beginning of a struggle for global power. That Japan, Australia and some Asean countries should be ambivalent about this power struggle and pursue hedging strategies in favour of China may have short term advantage but will prove costly for the future.
15 Asian nations sign China-backed RCEP trade pact
The Regional Comprehensive Economic Partnership (RCEP) -- which includes 10 Southeast Asian economies along with China, Japan, South Korea, New Zealand and Australia -- is the world's largest trade pact in terms of GDP, analysts say.
ET Edit: India is better off joining RCEP
In the world’s most dynamic region, 15 nations have now signed up for RCEP: the 10-member Asean group, plus their free-trade partners, China, Japan, South Korea, Australia and New Zealand
Japan played a big role in RCEP keeping the door open for India
The RCEP agreement is open for accession by India from the date of entry into force of the Agreement as provided in Article 20.9 (Accession) of the RCEP Agreement, according to the Ministerial Declaration issued on November 11 that signalled readiness to negotiate with Delhi for its entry into the trade bloc in future.
What happens now the RCEP trade deal has been signed?
The Regional Comprehensive Economic Partnership (RCEP) will progressively lower tariffs and aims to counter protectionism, boost investment and allow freer movement of goods within the region.
Why India opted out of world's biggest trade deal
India pulled out of the China-backed trade agreement as negotiations failed to address its core concerns. These were threat of circumvention of rules of origin due to tariff differential, inclusion of fair agreement to address the issues of trade deficits and opening of services.
What is the Regional Comprehensive Economic Partnership trade deal?
RCEP is expected to help reduce costs and time for companies by allowing them to export a product anywhere within the bloc without meeting separate requirements for each country.
RCEP signatories ready for negotiations once India gives written request to join pact
Now the members of RCEP are 10-nation bloc ASEAN (Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, Myanmar and Cambodia), China, Japan, South Korea, Australia and New Zealand.
