RCEP to be signed soon: Indonesian trade ministry
 |
| India withdraws from RCEP negotiations in November last year (Source: internet) |
Jakarta - The Regional Comprehensive Economic Partnership (RCEP) has entered the legal scrubbing phase and is expected to be signed soon without India, according to the Indonesian Trade Ministry.
Deputy Trade Minister Jerry Sambuaga said the participating countries now comprise the 10 ASEAN member states, China, Japan, the Republic of Korea, Australia and New Zealand, but the door is still open for India in case it decides to join the negotiations again.
India withdrew from RCEP negotiations in November last year, he said.
India is Indonesia's fifth-largest export market. According to data from the United Nations International Trade Statistics Database, Indonesia’s top export to its South Asian peer is coal, with value reaching 4.81 billion USD in 2019.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:Related Contents
Latest News
More News
- Thailand seeks to promote digital training (November 04, 2024 | 16:14)
- Indonesia attracts foreign investment in technology sector (November 04, 2024 | 16:08)
- Tropical storm Trami leaves at least 24 people dead in Philippines (October 24, 2024 | 17:36)
- Singapore grants conditional approval for solar power import from Australia (October 24, 2024 | 17:27)
- ASEAN digital economy set to reach $2 trillion by 2030 (October 22, 2024 | 15:08)
- Thailand asks Laos to waive visa fee at border checkpoints to boost tourism (October 21, 2024 | 17:23)
- Laos pledges to continue efforts to empower girls (October 21, 2024 | 17:17)
- Chinese electric vehicle maker to build plant in Indonesia (October 21, 2024 | 17:12)
- Vietnam Elevator Association introduces Elevator Safety Application to the world (October 18, 2024 | 09:00)
- A taste of the future - the go-to spot at the Worldchefs Congress & Expo 2024 (October 15, 2024 | 16:11)
Latest News
Mobile Version