RCEP Ministerial Meeting Keiko Seko "Negotiation is the final phase" 09:09 on September 9
RCEP = East Asian Regional Comprehensive Economic Partnership Ministerial Meeting was held in Thailand on the 8th, with 16 countries including Japan, China and India participating. The Minister of Economy, Trade and Industry Seko recognized that the negotiations were the final phase, and each country decided to proceed with the final discussion on the conclusion of the negotiations at the administrative level.
RCEP aims to realize a huge economic zone where 16 countries in Asia Pacific, such as Japan, China, India and Korea, are participating in the negotiations, accounting for 50% of the world's population and GDP = 30% of gross domestic product. The
At the ministerial meeting held in Bangkok, Thailand on the 8th, there were discussions on the elimination and reduction of tariffs and the creation of rules concerning investment.
In order to conclude the negotiations in line with the ASEAN-Southeast Asian Union Summit held in November, we agreed to hold an administrative-level meeting in Vietnam later this month to advance the discussion.
At the press conference after the meeting, Seko, Minister of Economy, Trade and Industry, said, “We are in the final phase of multilateral trade negotiations. It was.
In the negotiations so far, the confrontation between China and India is conspicuous depending on how far the market will be opened, but China with trade friction with the United States is showing a positive attitude to negotiations, The focus will be on how much discussion can be done before the meeting.