Question

UPSC Prelims 2016 Question:

The term 'Regional Comprehensive Economic Partnership' often appears in the news in the' context of the affairs of a group of countries known as

1. G2O
2. ASEAN
3. SCO
4. SAARC

Answer (Detailed Solution Below)

Option 2: ASEAN

Detailed Solution

Explanation:

The Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement (FTA) between the Association of Southeast Asian Nations (ASEAN) and its five FTA partners (Australia, China, Japan, New Zealand and Republic of Korea).
The Regional Comprehensive Economic Partnership was introduced during the 19th ASEAN meet held in November 2011. The RCEP negotiations were kick-started during the 21st ASEAN Summit in Cambodia in November 2012.
The ten members of the ASEAN are the states of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

Therefore, option (2) is the correct answer.

Subject: Polity | International Relations

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