Negotiations update

RCEP talks may miss December 2016 deadline, enter 2017

The negotiations for the proposed mega trade deal - RCEP - would miss the deadline of concluding the talks by December this year, Commerce and Industry Minister Nirmala Sitharaman said today.

The negotiations for the proposed mega trade deal - RCEP - would miss the deadline of concluding the talks by December this year, Commerce and Industry Minister Nirmala Sitharaman said today.

The Regional Comprehensive Economic Partnership (RCEP) members wanted to conclude the negotiations by December 2016 but "that is not going to happen. It might move into 2017," she told reporters.

She also said that the next ministerial meeting to review progress of the negotiations is in November.

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RCEP members to finalise pact before year-end

The 16 member states of the Regional Comprehensive Economic Partnership (RCEP) have agreed to finalise negotiations on the pact before the end of this year, while Asean will conduct a feasibility study for Asean-Eurasian free-trade talks.

The 16 member states of the Regional Comprehensive Economic Partnership (RCEP) have agreed to finalise negotiations on the pact before the end of this year, while Asean will conduct a feasibility study for Asean-Eurasian free-trade talks.

After joining the Asean Economic Ministers’ Meeting in Laos last week, Thai Commerce Minister Apiradi Tantraporn said Asean and six partner countries - China, South Korea, Japan, India, Australia and New Zealand - wanted RCEP to be finalised by the end of this year.

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India, RCEP members to discuss trade pact in Brunei starting February 15

Senior officials from 16 Asian countries, including India and China, will hold wide ranging deliberations on issues, such as duty cuts in goods, as part of proposed mega trade deal RCEP during a five-day meeting at Brunei starting from February 15.

Senior officials from 16 Asian countries, including India and China, will hold wide ranging deliberations on issues, such as duty cuts in goods, as part of proposed mega trade deal RCEP during a five-day meeting at Brunei starting from February 15.

"This will be a crucial meeting of the member countries as all the members have exchanged their offers with regards to duty cuts in goods. Services and investment issues would also be discussed during the meeting," an official said.

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Regional Comprehensive Economic Partnership (RCEP)

The Regional Comprehensive Economic Partnership (RCEP) is a FTA negotiation that has been developed among 16 countries: the 10 members of ASEAN (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Viet Nam) and the six countries with which ASEAN has existing Free Trade Agreements (FTAs) – Australia, China, India, Japan, Korea, and New Zealand. In relation to RCEP these six non-ASEAN countries are known as the ASEAN Free Trade Partners (AFPs).

Overview

The Regional Comprehensive Economic Partnership (RCEP) is a FTA negotiation that has been developed among 16 countries: the 10 members of ASEAN (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Viet Nam) and the six countries with which ASEAN has existing Free Trade Agreements (FTAs) – Australia, China, India, Japan, Korea, and New Zealand. In relation to RCEP these six non-ASEAN countries are known as the ASEAN Free Trade Partners (AFPs).

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Seventh round of RCEP trade negotiations to be held next week

SEJONG, Feb. 5 (Yonhap) — A fresh round of negotiations for a regional free trade agreement, known as the Regional Comprehensive Economic Partnership (RCEP), will be held in Thailand next week, the Seoul government said Thursday.

SEJONG, Feb. 5 (Yonhap) — A fresh round of negotiations for a regional free trade agreement, known as the Regional Comprehensive Economic Partnership (RCEP), will be held in Thailand next week, the Seoul government said Thursday.

South Korea will take part in the seventh round of RCEP negotiations in Bangkok from Monday through Friday, according to the Ministry of Trade, Industry and Energy.

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In sixth round of RCEP talks, focus on liberalising trade, boosting investment

Days after a historic deal was struck at World Trade Organization to ease global trade rules...

Days after a historic deal was struck at World Trade Organization to ease global trade rules...

Days after a historic deal was struck at World Trade Organization to ease global trade rules, officials of 16 countries including India and China — with a combined GDP of around $17 trillion and accounting for 40% of global trade — will converge in the national capital to take forward their discussions on a mega-regional free trade agreement (FTA).

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