India and other developing countries have succeeded in withdrawing the three harmful provisions concerning pharmaceuticals and agriculture which were part of the Regional Comprehensive Economic Partnership (RCEP) free trade agreement. The provisions were taken off the negotiating table after India argued against the provisions of patent term extensions and data exclusivity. These provisions would have… Continue reading India protects drug, agri biz at RCEP
Tag: RCEP
It’s premature to count India out of the RCEP, says Centre
India has said that it would be premature to suggest that India could be left out of the Regional Comprehensive Economic Partnership(RCEP). This statement came after Malaysian Prime Minister had said that he would prefer to go ahead with the RCEP Pact immediately and allow countries such as India, Australia and New Zealand to join… Continue reading It’s premature to count India out of the RCEP, says Centre
Quad one way to fix regional issues: Australian envoy
Australian Envoy has urged India to play a greater role in solving the regional problems of the Indo-Pacific region. Australian envoy has said that the quadrilateral grouping of the US, Australia, India, and Japan also known as the Quad was a manifestation of this cooperation. The Quad was formed to ensure and support a free,… Continue reading Quad one way to fix regional issues: Australian envoy
Copper, aluminium sectors may get raw deal if India joins RCEP, warn producers
Ahead of the Regional Comprehensive Economic Partnership (RCEP) meeting,the Aluminium Association of India(AAI) has written to the Government seeking protection from cheap imports. The AAI has said that if India joins the RCEP then such a move would pave the way for zero duty on imports of copper and aluminium which would cripple the domestic… Continue reading Copper, aluminium sectors may get raw deal if India joins RCEP, warn producers
China asks for duty-free import of 85% of its products into India
During India-China bilateral discussions,China has said they were willing to give duty-free access to 92% of Indian exports,provided India allow duty-free import of 85% of its products into China.India has offered to open up 74% of its market to Chinese goods in phases but China is not satisfied with the proposal. Import duty is a… Continue reading China asks for duty-free import of 85% of its products into India
RCEP nations to intensify talks to conclude trade pact
The Regional Comprehensive Economic Partnership (RCEP) group agreed to intensify the ongoing negotiations for a proposed mega trade agreement to resolve all issues and conclude the pact in 2019.The progress of negotiations was reviewed during a meeting of all the trade ministers of in Cambodia. RCEP is proposed mega trade pact between the ten member… Continue reading RCEP nations to intensify talks to conclude trade pact
India can breathe easy for now as RCEP deal deferred to 2019
India can breathe easy for now as RCEP deal deferred to 2019 News: The Leaders of the 16 Regional Comprehensive Economic Partnership (RCEP) member countries have deferred concluding negotiations of the proposed free trade agreement to 2019, as key member states head for elections and several market access issues remain unresolved. Important Facts: About RCEP:… Continue reading India can breathe easy for now as RCEP deal deferred to 2019
