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India to focus on services trade at RCEP ministers meet in Tokyo

Nations have increasingly got entrenched in their positions over reduction in tariffs and opening of market access

Suresh Prabhu
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Union Minister for Commerce & Industry and Civil Aviation Suresh Prabhu at a conference on promoting scientific interventions for transforming India through CSR, in New Delhi, on Tuesday.Photo: PTI

Subhayan Chakraborty New Delhi
The Government of India (GoI) will try to get a strong commitment on services trade liberalisation from member countries at the next round of negotiations on a Regional Comprehensive Economic Partnership (RCEP), which will see trade ministers meet on Sunday.
 
RCEP is a proposed pact between the 10 Asean economies and six others with which the grouping currently has free-trade agreements (FTAs) — Australia, China, India, Japan, South Korea, and New Zealand. So far, 22 rounds of talks have concluded, apart from five minister-level meets.
 
However, senior sources said commerce and industry minister Suresh Prabhu might not visit

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First Published: Jun 29 2018 | 2:37 AM IST

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