Several Asian member countries of the proposed Regional Comprehensive Economic Partnership (RCEP) have offered India a significant concession on the extent to which it needs to open up its markets, in a bid to encourage it to join the partnership quickly, according to a diplomat from Singapore. The RCEP is a proposed trade agreement between the 10 Association of Southeast Asian Nations (ASEAN) countries and their six free trade agreement partners, namely Australia, China, India, Japan, Korea, and New Zealand.
Read the full story at https://www.thehindu.com/business/Economy/asean-member-countries-of-rcep-offer-india-concession/article25439321.ece
SOURCE:The Hindu
tags:
economy
