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What is RCEP
Latest Updates on RCEP
'We are very big in wood logs, which is among the single biggest items of export to India'
There is no meeting ground between politics which is looking at the elections this year, and economics, which is looking at the next decade
India to wait for final contours before formally associating with IPEF trade pillar, says Goyal
Asserts Indian exports not impacted by GSP, says India looking to have very contemporary and modern digital laws, while maintaining high levels of data privacy
Policies are moving in the right direction, but vulnerabilities remain
PM Modi's government looks at a trade deal very seriously, examining its potential for the next 50 years, says Goyal
Union Minister for Commerce and Industry Piyush Goyal has ruled out India resuming talks to join the RCEP, saying that country walked out of negotiations to give primacy to the national interest.
The country is expected to see a $200 million increase in export gains, making the RCEP a vital tool in recovering from the economic disruptions caused by the Covid-19 pandemic, it said
The RCEP, which came into force on Saturday for the majority of its 15 Asia-Pacific economies, will be challenged by Indo-Pacific geopolitics, according to a report.
The entry into force of the RCEP agreement will open up opportunities to catalyse the expansion of regional trade, investment much needed for economic recovery amid Covid, said ASEAN Secretary-General
A protectionist tariff structure and an inability to integrate with global value chains may prove to be major challenges for India as it seeks deeper trade agreements
China and Japan have also completed ratifications of the pact.
Its focus is at odds with the country's imperative of having an employment-promoting trade policy
The US should, as leading economic power, quickly rescue moribund WTO dispute settlement mechanism and work with other countries to come up with meaningful initiatives
Somanathan said that a dose of carefully calibrated tariff protection for select sectors showing potential may be desirable
Japan on Friday ratified the Regional Comprehensive Economic Partnership (RCEP)