Official 29th RCEP Negotiations from the 20th... "Discussion on India's Return"
Three video conferences on the 20th, 22nd, and 24th
Yeohan Gu, Director General for Trade Negotiations, Ministry of Trade, Industry and Energy. (Photo by Yonhap News)
View original image[Asia Economy Reporter Moon Chaeseok] The government announced that the 29th official negotiations of the Regional Comprehensive Economic Partnership (RCEP) will be held from the 20th to the 24th. Discussions will include India's plan to rejoin RCEP.
On the 19th, the Ministry of Trade, Industry and Energy announced that three RCEP official negotiation video conferences will be held on the 20th, 22nd, and 24th. Our side will be led by Ye Han-gu, Director-General for Trade Negotiations at the Ministry of Trade, Industry and Energy, with a delegation of about 10 representatives attending.
This meeting is the first official negotiation of the year. Although a preliminary special video conference between chief negotiators was held for about seven hours on the 7th, this is the first official negotiation.
Previously, the Ministry held a special face-to-face negotiation in Bali on February 3-4, and on the 31st of last month, consultations among non-ASEAN countries participating in RCEP (AFP, ASEAN FTA Partner countries) were conducted via video conference, seeking progress in negotiations.
The Ministry plans to accelerate remaining market opening negotiations with participating countries through this official negotiation.
It is particularly noteworthy that discussions will include India's plan to rejoin RCEP.
Technical issues such as systems and regulations will also be discussed to expedite preparations for signing RCEP within the year.
The Ministry stated that there is a consensus among countries to achieve RCEP signing within the year.
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Despite the spread of the novel coronavirus infection (COVID-19), the strong willingness of countries to advance negotiations means that video conferences will continue to be held frequently in the future.
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