ISDS Case Map
RCEP
Sixteen nations across the Asia-Pacific region expect to conclude talks that will free up trade and investment in a region that covers 28 percent of the world’s economy by the end of this year, say high-ranking officials from Indonesia and China.
Vietnam says it has completed negotiations for FTAs with the Customs Union, the EU and South Korea, while remaining are the TPP, RCEP and EFTA.
The latest round of talks for a broad regional free trade pact involving Asian and Pacific countries, known as the Regional Comprehensive Economic Partnership, ended with no clear sign of a major breakthrough.
Japan is pushing for intellectual property rules in the Regional Comprehensive Economic Partnership that will undermine and delay access to affordable generic medecine in Asia.
Negotiations for an Asian free trade agreement, known as the Regional Comprehensive Economic Partnership (RCEP), will be held in Thailand next week.
India needs to prepare towards a higher regulatory regime as mega-regionals such as the Trans-Pacific Partnership (TTP) and Trans-Atlantic Trade and Investment Partnership (TTIP) looks to set a new rules paradigm, said Commerce Secretary Rajeev Kher on Friday.
Malaysia is hopeful that negotiations for the Regional Comprehensive Economic Partnership (RCEP) can be concluded by year-end, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said.
While bilateral free trade agreements, as a means to further the market-opening and rule-making agenda, have been globally picking up steam, there have also been parallel efforts to usher in a plethora of regional trade agreements and economic unions.
The Indian government has turned down Taiwan’s request to take a further step in advancing an economic cooperation agreement for the time being as it focuses on joining the Regional Comprehensive Economic Partnership, the Ministry of Economic Affairs said yesterday.
Members of the regional comprehensive economic partnership (RCEP) grouping were unable to agree a template for negotiations on a proposed mega regional trade agreement at the sixth round of talks held in Greater Noida near New Delhi last week.
