Chan Chun Sing

Photo Credit: World Economic Forum

Singapore Minister Says RCEP Trade Deal on Track for Year-end Signing

The Regional Comprehensive Economic Partnership (RCEP) exchange accord is still on target to be marked before the finish of 2020, Singapore’s Minister of Trade and Industry Chan Chun Sing said on Sunday.

RCEP unites the 10-part Association of Southeast Asian Nations (ASEAN), China, Japan, South Korea, Australia and New Zealand. The nations have made a proposal to India, which pulled out of talks last November, to check whether it is set up to rejoin conversations.

“If India is unable to rejoin the discussions in the coming month, then plans will continue to proceed with the legal scrubbing for the preparation for the signing at the end of the year,” Chan told reporters.

Source: News18

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