Even as 15 countries of the region signed the mega Regional Comprehensive Economic Partnership RCEP trade pact, they have announced that India can participate in the group’s activities as an observer member and left a window open for India to join in the future.
The joint statement after the signing of the mega pact had a special Ministers’ Declaration on India’s participation in the pact.
It said, ‘Any time prior to its accession to the Agreement, India may participate in RCEP meetings as an observer” and in “economic cooperation activities undertaken by the RCEP Signatory States” under the RCEP Agreement, “on terms and conditions to be jointly decided upon by the RCEP Signatory States.” Read More…
