{"id":315571,"date":"2019-10-11T04:32:11","date_gmt":"2019-10-11T04:32:11","guid":{"rendered":"http:\/\/tehelka.com\/?p=315571"},"modified":"2019-10-11T04:32:11","modified_gmt":"2019-10-11T04:32:11","slug":"union-minister-piyush-goyal-to-attend-9th-rcep-intersessional-ministerial-meeting-in-thailand","status":"publish","type":"post","link":"https:\/\/tehelka.com\/union-minister-piyush-goyal-to-attend-9th-rcep-intersessional-ministerial-meeting-in-thailand\/","title":{"rendered":"Union Minister Piyush Goyal to attend 9th RCEP Intersessional Ministerial Meeting in Thailand"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-300316 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2018\/07\/Piyush-goyal-Tehelka.jpg\" alt=\"\" width=\"960\" height=\"960\" srcset=\"https:\/\/tehelka.com\/media\/2018\/07\/Piyush-goyal-Tehelka.jpg 960w, https:\/\/tehelka.com\/media\/2018\/07\/Piyush-goyal-Tehelka-150x150.jpg 150w, https:\/\/tehelka.com\/media\/2018\/07\/Piyush-goyal-Tehelka-300x300.jpg 300w, https:\/\/tehelka.com\/media\/2018\/07\/Piyush-goyal-Tehelka-768x768.jpg 768w, https:\/\/tehelka.com\/media\/2018\/07\/Piyush-goyal-Tehelka-696x696.jpg 696w, https:\/\/tehelka.com\/media\/2018\/07\/Piyush-goyal-Tehelka-420x420.jpg 420w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/>Union Minister of Commerce &amp; Industry and Railways Piyush Goyal will attend the 9th Regional Comprehensive Economic Partnership (RCEP) Intersessional Ministerial meeting to be held on October 11 \u2013 12 at Bangkok in Thailand.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">This will be the last Ministerial before the 3rdLeaders Summit to be held on November 4 in Bangkok. Prime Minister Narendra Modi is expected to attend the Summit.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The 9th\u00a0Intersessional Ministerial Meeting comes at a crucial stage where the RCEP is scheduled to be announced as concluded in November 2019.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The 28thround of negotiations for RCEP at the expert level had concluded at Da Nang, Vietnam, held from September 19 \u2013 27. In this round of negotiations meeting of the Trade Negotiating Committee was held in which senior officials participated in negotiations regarding market access on Trade in Goods, Trade in Services and Investment as well as on other areas like Rules of Origin, Intellectual Property and Electronic Commerce, the release said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Out of 25 chapters 21 chapters have been concluded. Crucial chapters of Investment, Electronic Commerce, Rules of Origin and Trade Remedies are yet to be settled.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Ministerial guidance will be sought on these issues during the Bangkok Ministerial round being held in October 2019, it said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The Ministers of participating countries will also be discussing preparations for the 3rdLeaders Summit to be held on November 4 in Bangkok.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Goyal will also hold a series of bilateral meetings with his counterparts from Japan, Singapore, China, Australia and New Zealand during the Bangkok Ministerial, it added.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">In preparation for the crucial Bangkok Ministerial round this month, Commerce and Industry Minister held several consultations with Indian industry for firming up India\u2019s position and for taking into consideration industry concerns and sensitivities, it said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Commerce and Industry Minister chaired several inter-ministerial meetings at the official level and also with Ministers of the key line Ministries.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The focus and emphasis of the meetings chaired by the Commerce and Industry Minister was on putting in place appropriate safeguards including auto-trigger mechanism against sudden surge in imports from RCEP countries, it added.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The RCEP negotiations were launched by leaders from 10 ASEAN member states (Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam) and 6 ASEAN FTA partners (Australia, People\u2019s Republic of China, India, Japan, Republic of Korea and New Zealand).<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The objective of launching RCEP negotiation is to achieve a modern, comprehensive, high quality and mutually beneficial economic partnership agreement among the ASEAN member states and ASEAN\u2019s FTA partners. The RCEP negotiations commenced in early 2013.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Minister of Commerce &amp; Industry and Railways Piyush Goyal will attend the 9th Regional Comprehensive Economic Partnership (RCEP) Intersessional Ministerial meeting to be held on October 11 \u2013 12 at Bangkok in Thailand. This will be the last Ministerial before the 3rdLeaders Summit to be held on November 4 in Bangkok. Prime Minister Narendra [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":300316,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[3820,3522],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/315571"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=315571"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/315571\/revisions"}],"predecessor-version":[{"id":315572,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/315571\/revisions\/315572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/300316"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=315571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=315571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=315571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}