ISDS Case Map
RCEP
Ministers from 15 Asia-Pacific countries negotiating a sprawling free trade agreement urged India on Wednesday to return to the talks as they are aiming to sign a deal by the end of the year, a Japanese official said.
Ministers from Asia-Pacific countries negotiating a sprawling free trade agreement will meet this week via videoconference as their year-end deadline for reaching a deal nears.
Dialogue partners look set to clinch the Regional Comprehensive Economic Partnership (RCEP) on Nov 14 in Vietnam, according to the trade negotiators' chief.
Mongolia joins founding members Bangladesh, India, Laos, South Korea and Sri Lanka as well as China, its biggest trading partner.
India’s insistence on reviewing its free trade agreement (FTA) in goods with the ASEAN region may not be done as quickly as it hopes, as most of the Southeast Asian nations are reluctant to immediately start getting into the nitty gritty of negotiations.
With India, Australia and Japan intent on pursuing their arrangement in parallel, the road looks relatively clear for an RCEP accord in November. Even if there are still a few points of contention, the 15 countries may sign an "agreement in principle".
As the 15 RCEP members are preparing to sign an agreement this November in Vietnam, the Department of Trade Negotiations is explaining how to make the most of RCEP and deal advantageously with its impacts in terms of competition among farmers, entrepreneurs, and civil society.
Cambodia Prime Minister Hun Sen committed to gain an advantage in upcoming trade deals with China, South Korea, Japan and other nations.
Now most countries, particularly those in Southeast Asia, are not only facing the economic and social repercussions of a protracted outbreak but also witnessing emerging trends that will permanently change the way we live and do business.
The big reshoring question is still about how much foreign investment will shift from China due to a combination of rising production costs and more fractious diplomatic relationships.
