Regional Comprehensive Economic Partnership (RCEP) and India:

GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   Context: South Korea has said that it regrets India’s absence from the Regional Comprehensive Economic Partnership (RCEP) and hopes to see New Delhi rejoin the agreement.   When did it come into force? The RCEP came into effect on January …

Regional Comprehensive Economic Partnership (RCEP):

GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   Context: The RCEP will come into effect on January 1, 2022, marking the formation of the world’s largest free trade zone in terms of trade volume.   What is RCEP? It is a trade deal between the 10-member Association of …