RCEP talks may miss December 2016 deadline: Sitharaman
The Dollar Business Bureau The deadline of closing the negotiations for the proposed Regional Comprehensive Economic Partnership (RCEP) by December this year would be missed, said Commerce and Industry Minister Nirmala Sitharaman on Wednesday. The members of RCEP wanted to finish the discussions by December 2016. However, this seems not possible. The negotiations might go into 2017,” the minister told reporters. The next meeting of ministers for progress review of the negotiations is going to be held in November. The trade ministers of RCEP including India, Japan and China had a meeting in Laos on August 5 to end the deadlock and sort out the issues which are holding back the negotiations. There are various complex issues, such as from the services sector, which are holding ...
RCEP discussion scheduled in Australia in April
The Dollar Business Bureau In the 12th round of the Regional comprehensive economic partnership (RCEP) talk in Perth, Australia, India will focus on greater market access in the services sector stressing on relaxing the norms in the entry of professionals. It is expected that India will cover much more than just the liberalisation of the services sector. In all likelihood, matters related to goods tariffs too could be discussed. The RCEP is a wide umbrella under which deals related to goods, services, investments, economic and technical cooperation, competition and intellectual property rights would come under. The 12th round of discussion is scheduled in Perth, Australia in April while the previous round was organised in Brunei, where several members of different nations including China ...
