Free Trade Agreement Current Affairs - 2020

5th RCEP intersessional ministerial meeting held in Tokyo, Japan

The 5th Regional Comprehensive Economic Partnership (RCEP) intersessional ministerial meeting was held in Tokyo, Japan. It was first RCEP ministerial gathering to be held outside ASEAN countries. It was co-chaired by Singapore’s Minister of Trade and Industry Chan Chun Sing and his Japanese counterpart Hiroshige Seko. Key Facts During the meeting, ministers from member countries Read More…

India-ETFA to hold FTA talks

India and European Free Trade Association (EFTA) will meet shortly in an attempt to conclude their long pending negotiations on Free Trade Agreement (FTA). So far, 16 rounds of negotiations have taken place which had started in 2008. Both sides had resumed talks on the agreement in January 2017 after a gap of three years Read More…

Government bans import of gold, silver items from South Korea

The Directorate General of Foreign Trade (DGFT) in the Union Commerce Ministry has banned duty free imports of gold, silver items from South Korea. These restrictions were imposed against the backdrop of sudden surge in imports of precious metals from South Korea, with which India has a free trade agreement (FTA) since January 2010. Now, Read More…

19th RCEP Trade Negotiating Committee Meeting held in Hyderabad

The 19th round of the Regional Comprehensive Economic Partnership (RCEP) Trade Negotiating Committee (TNC) meetings and other related meetings were held in Hyderabad, Telangana. Besides, the 19th round of TNC, parallel meetings were also held by the three main Working Groups on Trade in goods, services and investment. Working Groups in other areas like electronic Read More…