RCEP trade deal set to be inked this year; door remains open for India

Singapore

SINGAPORE and other stakeholders have reiterated that they plan to sign the Regional Comprehensive Economic Partnership (RCEP) mega-trade deal this year, even as the deadly novel coronavirus pandemic throws the global economy into disarray.

The countries involved also stressed, after their latest virtual ministerial meeting, that "the RCEP remains open for India", which backed out of talks last November while citing unresolved "significant issues".