Bangkok: PM Modi will attend the RCEP Summit today
BANGKOK: Prime Minister Narendra Modi on Monday he will attend the Regional Summit of Integral Economic Association (RCEP), where the leaders of the member countries will review the state of the negotiations that are currently underway in Bangkok and will continue for the next few days.
RCEP is a proposed free trade agreement between 10 ASEAN countries, namely Brunei, Cambodia, Indonesia Malaysia Myanmar Singapore Thailand , Philippines, Laos and Vietnam and its six partners from FTA China, India, South Korea, Australia and New Zealand.
Prior to the departure of Prime Minister Modi to Bangkok for a three-day visit, the Foreign Ministry had said that Indian negotiators are solving critical critical issues related to the RCEP trade agreement to ensure that it is fair and transparent.
There are some critical problems that are still pending; Efforts are being made to solve them to provide a fair and transparent business environment. These problems are extremely important for our economy and the livelihood of our people, secretary (East) in the ministry of external affairs. matters Vijay Thakur Singh said.
Later in the day, the Prime Minister will participate in the XIV East Asia Summit. The agenda of the meeting would be to review the future direction of East Asian cooperation and exchange views on regional issues and.
The member countries participating in the summit represent 54% of the world population and 58% of world GDP.
Much of the success of this platform is due to the central role played by ASEAN countries. We recognize their role and always ask for the centrality of ASEAN in our Indo-Pacific approach, Singh said.
Modi also plans to attend several bilateral agreements, including Vietnam Prime Minister Nguyen Xuan Phuc, Prime Minister Shinzo Abe and Australian Prime Minister Scott Morrison. He will also attend a special lunch on Sustainable Development.
Modi plans to leave Don Mueang International Airport from Bangkok to Delhi at 10 p.m. (local time).