Regional Comprehensive Economic Partnership (RCEP)

Why in News?

  • The 7th RCEP Intersessional Ministerial Meeting was held during the first week of March, 2019, in Siem Reap, Cambodia.

RCEP

The Regional Comprehensive Economic Partnership (RCEP) is a proposed free trade agreement that is often characterised as a China-led response to the Trans-Pacific Partnership (TPP) put forward by the US.

  • Its negotiations were formally launched at 2012 ASEAN Summit in Cambodia.

Countries Involved

  • 10 ASEAN countries: Brunei, Indonesia, Cambodia, Laos, Myanmar, Malaysia, Philippines, Singapore, Thailand, Vietnam
  • Six FTA partners: India, China, Australia, New Zealand, Japan and South Korea

Objective

  • The objective of launching RCEP negotiations is to ....



Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy May 2019 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Current Affairs In Focus