Countries like Thailand, Laos and Cambodia to Stand the Best Chance at Most Benefit from RCEP

A research paper published by the World Bank states that Cambodia holds the third place among the countries that have the best chance to benefit, in terms of real income, from the Regional Comprehensive Economic Partnership (RCEP) between 15 countries that are located in the East Asia Pacific reg...

World’s largest trade deal to make a difference in Singapore

Highlights:

• A mega trade agreement signed by 15 countries

The Regional Comprehensive Economic Partnership ( RCEP) , is a mega trade agreement which is signed by 15 countries and came into effect on Jan. 1

The RCEP is a high-quality and mutually b...

JAPAN APPROVES RATIFICATION OF THE WORLD’S LARGEST FREE TRADE BILL

Highlights –

• Japan approves ratification of the world’s largest free trade bill.
• The trade deal was signed last year by 15 Asia-Pacific countries including China.
• The trade deal is said to eliminate tariffs on 91 percent of good...

JAPAN TO PUSH FOR A WIDER FREE TRADE PACT AMONG 21 APEC MEMBERS

Highlights –

• Japan to push for a wider free trade pact among 21 APEC members.
• Japan and 14 other Asian neighbors on Sunday signed the APEC free trade agreement.
• On late Friday Malaysia hosted a virtual meeting of APEC leaders.
...

JAPAN SIGNED RCEP TRADE DEAL ALONG WITH 14 AISA-PACIFIC PARTNERS

Highlights –

• Japan signed RCEP trade deal along with 14 Asia-Pacific partners.
• Several Japanese business leaders welcomed the signing of the world’s largest trade deal.
• RCEP covers 46% of Japan’s total trade.
• Ja...

Indian economy faces challenges post RCEP issue

Last week, Narendra Modi cut off India's participation in what was believed to be the world's largest trade deal, the Regional Comprehensive Economic Partnership or RCEP. At a Bangkok summit where 16 nations were to approve the deal, Modi withdrew with typical theatricality, declaring, &q...

RCEP deals in hiccups over Chemical industries "Rule of Origin"

The prime minister of India is on a visit to the country along with many other heads of states and delegates for the Regional Comprehensive Economic Partnership (RCEP) where the trade deal which has been in the pipeline for some time now has been put up for consideration of acceptance for the mem...

Asian summit could prove bad for China

The world is always having some summit at someplace that is changing the way the world works and hoe the politics and trades are affected due to that. The nations at the summits hope to work out the best possible deals for the nations involved, and this mostly comes out positive. There is a backs...