Tag: Rcep

It also said that beyond improving the ways of doing business, RCEP would spark the creation of new regional supply chains apart from strengthening existing networks, boosting the growth of domestic businesses as they immerse into the global trading ecosystem.

Beijing: China said on Tuesday that it will follow the principle of “mutual understanding and accommodation” to resolve the outstanding issues raised by India for not joining the Beijing-backed mega Regional Comprehensive Economic Partnership (RCEP). China also said it would welcome India joining the deal at an early date. Prime Minister Narendra Modi on Monday […]

Hanoi:  China and 14 other Asian countries have agreed to form the world’s largest free trade bloc with nearly a third of all economic activity. The Regional Comprehensive Economic Partnership, or RCEP, was signed virtually on Sunday on the sidelines of the annual summit of the 10-nation Association of Southeast Asian Nations (ASEAN). Participating countries […]