RCEP Subject: International Agreements Context: Singapore has ratified the Regional Comprehensive Economic Partnership (RCEP) agreement, becoming the first country to do so. Concept: Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement (FTA) between – The 10 members of ASEAN Additional members of ASEAN +3 = China, Japan, South Korea Members with […]

Subject : Economy Context : The Regional Comprehensive Economic Partnership (RCEP), a mega trade bloc comprising 15 countries led by China, that came into existence said India would have to write expressing “intention” to join the organisation to restart negotiations for membership. Concept : Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement (FTA) […]