RCEP Ministerial Meeting confirms that India is inviting India to return to negotiations, suggesting withdrawal August 17 at 17:53
A ministerial meeting of RCEP=East Asia Regional Comprehensive Economic Partnership was held on the 27th in the form of a video conference, and India, which also suggested leaving, was absent this time. Each country confirmed that it will continue to encourage India to return to the negotiations, but with the limited time to sign in November, each country, including Japan, is faced with a difficult decision.
The RCEP ministerial meeting, which is attended by 16 countries in the Asia-Pacific, was held in the form of a video conference following the meeting in June due to the influence of the new coronavirus, and Mr. Kajiyama, Minister of Economy, Trade and Industry attended from Japan.
RCEP is in talks with the aim of signing at the summit scheduled for November this year, but India, which is concerned about the impact on the domestic industry due to the reduction of tariffs, has been absent from the meeting. I didn't attend on 27th.
According to government officials, the meeting yesterday confirmed that the negotiations are progressing toward the signature in November and that India will continue to encourage them to return to the negotiations.
However, due to the stagnation of economic activity in India due to the impact of the new coronavirus, there is a strong sense of caution regarding RCEP, and the time limit for signing in November is limited, and countries including Japan are faced with difficult decisions. I am.