<span style="color: #222222;">The 16 members of RCEP group including India and China have agreed to intensify the ongoing negotiations for a proposed mega trade agreement to resolve all issues and conclude the talks this year.</span><br />'' <br />'' <span style="color: #222222;">The progress of negotiations were reviewed during a meeting of all the trade ministers of 16 countries in Cambodia, which concluded today.</span><br />'' <br />'' <span style="color: #222222;">The commerce ministry said in New Delhi quoting a joint statement issued after the meeting that to ensure that progress is made towards meeting the Leaders' target for conclusion in 2019, the Ministers agreed to intensify engagement for the remaining of the year, including by convening more intersessional meetings.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">The meeting, which was chaired by Chutima Bunyapraphasara, Acting Minister of Commerce of Thailand, reviewed the developments since the 2nd RCEP Summit on 14 November 2018 in Singapore.</span><br />'' <br />'' <span style="color: #222222;">Commerce and Industry Minister Suresh Prabhu attended the meeting. The 16-member Regional Comprehensive Economic Partnership (RCEP) bloc aims to cover among the issues related to goods, services, investments, economic and technical cooperation, competition and intellectual property rights.The negotiations have entered the sixth year. The last round was held in February in Indonesia.</span><br />'' &nbsp;
News On AIR | March 3, 2019 8:44 AM
RCEP countries agree to intensify negotiations to conclude trade pact this year