Consider the following statements regarding Regional Comprehensive Economic Partnership RCEP 1...........

International Affairs Other Regional Groupings

Consider the following statements regarding Regional Comprehensive Economic Partnership(RCEP):

1. The Regional Comprehensive Economic Partnership is a mega regional free trade agreement being negotiated amongst 16 countries

2. Both India and Pakistan are the members of RCEP.

Which of the statement(s) given above is/are correct?

1 only

2 only

Both 1 and 2

none

छोटे Courses बड़े Results

Master Other Regional Groupings

Prepare through Micro-courses

Try Now

Explanation:

• The Regional Comprehensive Economic Partnership is a mega regional free trade agreement being negotiated amongst 16 countries, comprising 10 ASEAN countries (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) and six ASEAN FTA partners, namely Australia, China, India, Japan, Korea and New Zealand. So far 6 Ministerial Meetings, 5 Inter-sessional Ministerial Meetings and 23 Rounds of the Trade Negotiating Committee at the technical level have been held.