PM Modi calls for early conclusion of high-quality RCEP deal
Prime Minister Narendra Modi on Wednesday called for an early conclusion of a high-quality Regional Comprehensive Economic Partnership (RCEP) agreement that should be modern, comprehensive, balanced and mutually beneficial to the people of all countries.
He also called on fellow RCEP leaders to give mandate to trade ministers and negotiators to take the economic grouping forward, said Sudhanshu Pandey, additional secretary, the commerce ministry, during a media briefing here.
Prime Minister Modi reiterated that India was committed to early conclusion of a high-quality, comprehensive and balanced regional economic partnership agreement, Ministry of External Affairs Spokesman Raveesh Kumar tweeted.
The RCEP, involving 10 ASEAN members (Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, the Philippines, Laos and Vietnam) as well as China, Japan, Australia, India, New Zealand and South Korea, would cover about half the world's population and a third of its GDP.
The RCEP .