RCEP | The Asian Age

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RCEP Page-2

First, the World Trade Organisation (WTO) is now in a state of stalemate. After 1995, while developing countries were forced to reduce their export subsidies and import tariffs in agriculture, developed countries refused to reciprocate.

Why this deal won’t be a win-win for govt

The RCEP agreement essentially represents an escalation of these steps towards a larger umbrella agreement in the Asia-Oceania region.

03 Nov 2019 5:05 AM

Prime Minister Narendra Modi is welcomed by the Indian community in Bangkok on Saturday. (Photo: PTI)

Will ensure our interests served at RCEP meet: PM

Modi to hold bilateral meets with many world leaders.

03 Nov 2019 2:18 AM

The Prime Minister, who is on a three-day visit to Thailand, said that he does not feel that he is in a foreign land as 'the ambience, the attire, and everything here makes me feel at home.' (Photo: ANI)

'No single govt can be credited for India's ties with Thailand,' says PM Modi

PM Modi said his government was working to fulfill those aims that seemed impossible.

02 Nov 2019 8:01 PM

'As a citizen and as a member of the responsible opposition, it pains me to see the Indian economy under siege. What is even more worrying is that the government is in complete denial,' Sonia Gandhi said. (Photo: File)

'Indian economy under seige, govt in denial': Sonia on RCEP agreement

Regional Comprehensive Economic Partnership agreement (RCEP) is the regional free trade agreement of 16 Asian countries.

02 Nov 2019 7:29 PM

Prime Minister Narendra Modi, who left for Bangkok on Saturday, said India will consider whether its concerns and interests in trade in goods, services, and investments are being fully accommodated when he attends the meeting of the RCEP there. (Photo: Twitter/ ANI)

Will see whether interests fully being accommodated in RCEP: PM

Modi would be travelling to Bangkok to participate in the 16th ASEAN-India Summit on November 3.

02 Nov 2019 11:15 AM

World trade and China aside, the situation doesn’t get any better for India even with the Asean countries, which constitute the 10 core countries of the proposed 16-nation RCEP. (Photo: PTI/File)

Why India should not become a part of RCEP

In reality, India’s foreign trade deficit woes continue unabated even today, thus leading to the desperation for quick remedial measures.

31 Oct 2019 12:05 AM

Commerce and Industry Minister Piyush Goyal. (Photo: ANI)

India will not sign any free-trade agreement in a rush: Goyal

The RCEP is a mega free-trade agreement being negotiated by 16 countries.

30 Oct 2019 8:03 PM

Several other industry groups in India, such as steel, engineering and auto makers have opposed New Delhi’s participation in the pact.

RSS' economic wing says India unlikely to accept China-led trade deal

Trade ministry said it remains engaged in talks over the pact, seeking to strike a balance between tariff cuts and domestic sensitivities.

03 Aug 2019 12:06 PM

Piyush Goyal said that in the 26th round of RCEP negotiations at the experts level, which has concluded recently in Melbourne, some progress has been achieved with member countries showing a degree of flexibility and accommodation. (Photo: File)

Industry not convinced that RCEP will create win-win situation for all: Goyal

Indian Industry is not convinced that RCEP will create a win-win situation for all, the ministry said in a statement.

09 Jul 2019 7:34 PM

Traders have asked the government not to sign the Regional Comprehensive Economic Partnership (RCEP) agreement, as it will run against the interests of sectors, including steel, pharmaceuticals, e-commerce and food processing.

RCEP will be negative for market: Traders

The free trade agreement would enable the RCEP countries to flood their goods in the Indian market.

22 Jun 2019 7:00 AM

Deficit with Australia, China, Indonesia, Korea, New Zealand and Thailand has narrowed in 2018-19 as compared to the preceding fiscal.

India registers trade deficit with 11 RCEP members in 2018-19

Free trade pacts are not about only giving market access, but also getting that access in other countries.

19 May 2019 12:47 PM

Commerce and Industry Minister Suresh Prabhu attended the 7th RCEP Inter-Sessional Ministerial Meeting held at Siem Reap in Cambodia. (Photo: File)

7th RCEP inter-sessional ministerial meet calls for meaningful outcome

The mega trade deal is being negotiated by 16 countries.

03 Mar 2019 10:22 AM

RCEP members must show flexibility to resolve pending issues: Prabhu

RCEP members want India to eliminate or significantly reduce customs duties on maximum number of goods it traded with them.

02 Mar 2019 12:53 PM

Commerce and Industry Minister Suresh Prabhu said a successful conclusion of RCEP will help deal with the challenges of global trade in terms of increasing trade tensions and protectionism. (Photo: PTI)

We should all work concertedly towards early conclusion of talks: Prabhu to RCEP

The Regional Comprehensive Economic Partnership (RCEP) is a mega trade agreement being negotiated by 10 ASEAN countries.

22 Feb 2019 10:24 AM

Sikkim, which became a part of India in May 1976, is the only state which has a demarcated border with China. (Photo: Representational/File)

India can ensure economic progress by controlling border actions: Chinese daily

Regional Comprehensive Economic Partnership (RCEP) is a proposed free trade agreement (FTA) between the ten member states of the ASEAN.

22 Jul 2017 5:53 PM

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Mohan Guruswamy