A multinational rails and shipping project – India-Middle East-Europe mega economic corridor has been announced at the G20 Summit 2023. This step is seen as a challenge to China’s economic ambitions in the region. It aims to link Middle Eastern countries by railway and connect them to India by port, helping the flow of energy […]
Tag: Multilateral Trade Deal
The Regional Comprehensive Economic Partnership (RCEP), is the world’s biggest trade deal consisting of 15 countries. The countries participating in this deal are Australia, Brunei Darussalam, Cambodia, China, Japan, Indonesia, South Korea, Malaysia, Myanmar, Laos, New Zealand, Singapore, Thailand, Vietnam, and the Philippines. The deal inclusively consists of countries belonging to the Asia-Pacific region. This […]