
RCEP still on Japan’s agenda
Why is it in news?
- External Affairs Minister Subrahmaniam Jaishankar is in Nagoya for the G-20 Foreign Ministers’ meeting on November 22 and 23, and there he met his counterpart Toshimitsu Motegi on Friday.
More in news
- Japanese officials are going to make another attempt to make India revise its decision to quit the Regional Comprehensive Economic Partnership (RCEP), while Indo-Japanese maritime and military initiatives, the Indo-pacific policy, and joint projects in Sri Lanka, the Maldives and other countries will be discussed at a series of meetings leading up to Japan Prime Minister Shinzo Abe’s visit next month.
- Japan to pitch for India’s entry: Abe is expected to pitch for India to rejoin the ASEAN-led Free Trade Agreement RCEP during the meeting.
- India not likely to join RCEP soon: it appears unlikely that the government of Prime Minister Narendra Modi, which had made a strong protectionist argument for walking out of the agreement on November 4, would reconsider its decision unless it receives more concessions, particularly on safeguards from Chinese goods.
Source
The Hindu