The term ‘Regional Comprehensive Economic Partnership’ often appears in the news in the’ context of the affairs of a group of countries known as
The term ‘Regional Comprehensive Economic Partnership’ often appears in the news in the’ context of the affairs of a group of countries known as
(a)
G2O
(b)
ASEAN
(c)
SCO
(d)
SAARC
(b)
Regional Comprehensive Economic Partnership (RCEP) Agreement among ASEAN + Six FTA
Partners (Australia, China, India, Japan, South Korea and New Zealand): Based on the
Declaration of the Leaders during the ASEAN Summit in November 2012, negotiations for a
comprehensive economic partnership between the 10 ASEAN member states and its six FTA
partners commenced in May 2013. Ten rounds of negotiations have so far been held. The 10th
round was held from 8 to16 October 2015 in Busan, Korea.
The negotiations cover a number of areas like trade in goods, services, investment, intellectual
property, economic and technical cooperation, competition, e-commerce and legal and
institutional issues. Papua New Guinea is not a member of ASEANTikdam: G20 is not a regional grouping so a is incorrect.Not much you can do about rest of the options if you have not been following the news – ASEAN plus 6 is RCEP
Microtheme: GroupingsXRegional —
25 questions asked in Prelims in the past.