Prime Minister Narendra Modi on Wednesday called for an early conclusion of the multi-nation Regional Comprehensive Economic Partnership (RCEP) agreement.

He also called on fellow RCEP leaders to give mandate to trade ministers and negotiators to take the economic grouping forward, said Sudhanshu Pandey, Additional Secretary, the Commerce Ministry.

The RCEP has concluded seven of the 16 chapters.

Modi noted the significant progress made in market access of negotiation for goods and wanted similar efforts on services sectors.

He also stressed that such a multi-lateral agreement with diverse circumstances and developmental requirements should be modern, comprehensive, balanced and mutually beneficial to all.

Pandey said Modi has clearly shown support to the pact and is strongly committed.

 

comment COMMENT NOW