Bangkok: Prime Minister Narendra Modi on Monday will attend the Regional Comprehensive Economic Partnership (RCEP) Summit, where the leaders of the member countries will review the state of negotiations which are ongoing in Bangkok currently and will continue over the next few days.
RCEP is a proposed free trade agreement among 10 ASEAN countries, namely Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, the Philippines, Laos and Vietnam and their six FTA partners China, Japan, India, South Korea, Australia and New Zealand.
Ahead of Prime Minister Modi's departure to Bangkok for a three-day visit, the Ministry of external affairs had said that the Indian negotiators are resolving critical outstanding issues about the RCEP trade deal to ensure it is fair and transparent.
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"There are some critical issues that are still outstanding; efforts are being made to resolve them to provide a fair and transparent trading environment. These issues are extremely important for our economy and livelihood of our people," Secretary (East) in Ministry of external affairs Vijay Thakur Singh said.
