RCEP

Dr. Amitendu Palit's picture

Will RCEP Promote Investments in the Asia-Pacific?

The Regional Comprehensive Economic Partnership (RCEP) is being looked upon as the most promising framework for regional economic integration in the Asia-Pacific Region (APR) after the United States (US) decided to withdraw from the Trans-Pacific Partnership (TPP). Negotiated by sixteen countries—the ten member states of the Association of Southeast Asian Nations (ASEAN), Australia, China, India, Japan, Korea and New Zealand, RCEP is not as ambitious as the TPP.

Dr. Amitendu Palit's picture

India’s FDI Prospects and the APEC

The euphoria over the birth of the NDB (New Development Bank) at the 6th BRICS Summit overshadowed the invitation extended by Chinese President Xi Jinping to Indian Prime Minister Narendra Modi for the APEC Leaders meeting in China in November. Mr. Modi’s presence at the meeting would significantly improve India’s prospects of joining the APEC. President Xi’s invite reflects the possibility of China supporting India’s entry. This would enhance the strategic backing India enjoys from other major APEC members like Australia, Japan, Indonesia and the USA.