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Japan, Australia still hopeful of India’s rethink on RCEP
Why is it in news?
- Officials from India’s Indo-Pacific partners Australia and Japan are still discussing the issue in the hope that the government will rethink the decision to quit the Regional Comprehensive Economic Partnership (RCEP).
More in news
- 2+2 meet ahead of Australian PM’s visit:
(1) Indian and Australian Foreign and Defence Secretaries met for ‘2+2’ talks to discuss Mr. Morrison’s visit.
(2) Foreign Secretary Vijay Gokhale and Defence Secretary Ajay Kumar led the Indian delegation and Frances Adamson, Secretary, Department of Foreign Affairs, and Greg Moriarty, Secretary, Department of Defence, led the Australian delegation
- RCEP issue likely to be addressed: Ahead of the visits by Japanese Prime Minister Shinzo Abe this month and Australian Prime Minister Scott Morrison next month, high-level meetings in New Delhi this week are both raising RCEP.
- Commerce Ministry’s stand: Commerce Ministry officials said the government’s position had not changed, and the “ball is in the court” of RCEP countries, particularly China, to extend concessions to India, particularly over the rules of origin and service sector access.
Source
The Hindu