Modi calls for early conclusion of high-quality RCEP deal

M Modi calls for early conclusion of high-quality RCEP deal

Making an intervention at the meeting of Regional Comprehensive Economic Partnership Summit in SIngapore, Prime Minister Modi complemented trade Ministers for substantial completion of RCEP negotiations as 7 Chapters have been concluded.

He said that Market Access Negotiations on goods are on track but same negotiations need to be done on services as well.

Prime Minister Modi pitched for Early Conclusion by fast tracking the meetings. He added that RCEP should be modern, comprehensive, mutually beneficial and balanced.

Earlier, Prime Minister of Singapore Lee Hsien Loong in his opening remark in Regional Comprehensive Economic Partnership (RCEP) summit reaffirmed the commitment of ASEAN leaders in creating a multilateral trading system.

Prime Minster of Singapore said that substanial progress in negotiations have been made this year and the conclusion of RCEP will send a clear signal of commitment to multilateral trade.