{"id":27836,"date":"2024-11-08T08:17:01","date_gmt":"2024-11-08T02:47:01","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=27836"},"modified":"2025-04-08T14:45:36","modified_gmt":"2025-04-08T09:15:36","slug":"regional-comprehensive-economic-partnership","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/regional-comprehensive-economic-partnership\/","title":{"rendered":"Regional Comprehensive Economic Partnership"},"content":{"rendered":"<h2><strong>About Regional Comprehensive Economic Partnership:<\/strong><\/h2>\n<ul>\n<li>It is a proposed agreement between the member states of the <strong>Association of Southeast Asian Nations (Asean)<\/strong> and its <strong>free trade agreement (FTA) partners<\/strong>.<\/li>\n<li>The pact aims to cover trade in goods and services, intellectual property, etc.<\/li>\n<li><strong>Member Countries:<\/strong> The RCEP bloc comprises <strong>10 ASEAN group members<\/strong> (Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, the Philippines, Laos and Vietnam) and their <strong>six FTA partners<\/strong> &#8211; China, Japan, South Korea, Australia and New Zealand.<\/li>\n<li>RCEP negotiations were launched in November 2012 and entered into force on 1 January 2022<\/li>\n<li><strong>Objective<\/strong>\n<ul>\n<li>RCEP aims to <strong>create an integrated market<\/strong> with 16 countries, making it easier for products and services of each of these countries to be available across this region.<\/li>\n<li>The negotiations are focused on the following: Trade in goods and services, investment, intellectual property, dispute settlement, e-commerce, small and medium enterprises, and economic cooperation.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<hr \/>\n<h3>Q1: What is ASEAN?<\/h3>\n<p>It is a group of the Association of Southeast Asian Nations, which was established in 1967 with the signing of the Bangkok declaration.<\/p>\n<p><strong>News: <\/strong><a href=\"https:\/\/www.financialexpress.com\/policy\/economy-india-should-join-china-led-rcep-says-niti-ceo-3659198\/\" target=\"_blank\" rel=\"nofollow noopener\">India should join China-led RCEP, says Niti CEO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Regional Comprehensive Economic Partnership is a proposed agreement between the member states of the Association of Southeast Asian Nations (Asean) and its free trade agreement (FTA) partners.<\/p>\n","protected":false},"author":5,"featured_media":27837,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-27836","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/27836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=27836"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/27836\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/27837"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=27836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=27836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=27836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}