i doubt would understand he bans and tries to silence anyone who do isnt a degenerate asshold face kisser
i doubt @starjello would understand he bans and tries to silence anyone who do isnt a degenerate asshold face kisser
@pmyb2 @aou
India has chosen to stay out, for the moment, of the RCEP, an alliance championed by China and which excludes the United States
Fifteen countries in Asia have concluded this Monday in Bangkok the negotiations to constitute what promises to be the largest free trade zone in the world and will be ratified next year. The RCEP, the Regional Integral Economic Association, is a project promoted mainly by Beijing, which was negotiated since 2012 and does not include the United States. In negotiations in the Asian capital, India has decided not to join the alliance for reasons of "national interest".
In the statement at the end of the summit of countries of the Association of Southeast Asian Nations (ASEAN) held in Bangkok, the leaders of the 16 negotiating countries indicate that 15 of them “have concluded negotiations for the 20 chapters and essentially all issues on market access ”.
"There will be no problem for the 15 participants in the treaty to sign it next year," said Chinese Vice Minister of Foreign Affairs, Le Yucheng. India will be “welcome” if in the future it decides to join this association, formed by China, Japan, South Korea, Australia and New Zealand, in addition to the ten ASEAN countries (Indonesia, Thailand, Singapore, Malaysia, Philippines, Vietnam, Myanmar, Cambodia, Laos and Brunei).
If everything goes as the Chinese vice minister promises and India joins the pact, the future RCEP will cover 47% of the world's population, or 3.4 billion people, and 32.2% of the world's GDP, 20.6 billion euros . It will also capture 32.5% of the global investment and 29% of the planet's trade.
For Beijing, the success of the negotiations represents an economic and political support. As a promoter of the initiative, it consolidates its influence in Asia and the role it seeks in the global role of multilateralism. The agreement will also serve to underpin its economy at a time when its growth is slowing and it faces the United States in a commercial and technological trench war.
Negotiations for this alliance had initially made little progress since the initial proposal was launched in Cambodia seven years ago. But they received a new impetus after, immediately after arriving at the White House, Donald Trump ordered the United States to leave the Trans - Pacific Economic Cooperation Agreement (TPP) , the ambitious free trade agreement for both Pacific shores that the Administration Barack Obama conceived as the economic pillar to shore up the influence of Washington in the region. The US withdrawal meant the near-death, for practical purposes, of that project, despite the fact that 11 of its members have ratified it .
Instead, the Chinese proposal received an injection of vitality . "There is no doubt that we will take a turn towards the RCEP if the TPP does not advance," said Japanese Prime Minister Shinzo Abe, one of the main champions of the transpacific agreement.
The general slowdown between Asian economies in line with the US-China trade war ended up providing the necessary incentive for negotiations to come to fruition.
The RCEP and the TPP are very different. Where the TPP focused on the reduction of non-tariff barriers (environmental protection, standards for foreign investment), the RCEP places the emphasis mainly on tariffs, without the labor rights protections offered by the treaty that originally led the United States. .
The alliance, which will require the ratification of the respective national parliaments, will eliminate tariffs on more than 90% of the goods exchanged between the members. The agreement also includes protections on intellectual property and chapters on investments and trade in goods and services. It also stipulates mechanisms for resolving disputes between countries.
Among other problems, the negotiations have faced the reluctance of India, an economy with a deficit in its trade balance, unlike those of the rest of the member countries, all with surpluses. New Delhi fears that a large free trade area will flood its Chinese products market and its manufacturing industry will be harmed. He also sees with suspicion the possibility that agricultural goods from Australia or New Zealand could harm this sector of their economy.
"Our decision has been guided by the impact this agreement would have on our citizens," said Vijay Thakur Singh of the Indian Ministry of Foreign Affairs, in a press conference quoted by AFP.
The resistance of India is not the only problem to be solved in this gigantic agreement, which brings together economies as diverse as the advanced Japanese, the "socialist with Chinese characteristics" of Beijing or the communist system of Laos, one of the most poor of the world. It remains to be seen if the current deterioration in relations between Japan and South Korea will have some impact on the implementation of this large commercial area. And Australia and New Zealand have also expressed interest in strengthening labor rights or environmental protections, as does the TPP.
US DISINTEREST MVL
In what has been interpreted in a new gesture of disinterest towards the region - the nth -, the United States only sent a low-profile delegation to the Bangkok summit, headed by the Secretary of Commerce, Wilbur Ross. In complete contrast - very descriptive of the current balance of influences on the continent - China sent its prime minister, Li Keqiang.
President Trump's assistant for National Security issues, Robert O'Brien, who represented Washington in the meeting with ASEAN, accused China of "imperialist" and "intimidating" other Southeast Asian countries in the disputed waters in the South China Sea to appropriate natural resources, reports EFE.
Precisely, Beijing and the ASEAN countries pledged during the summit to close a code of conduct to avoid escalating tensions in those waters.
https://elpais.com/internacional/2019/11/04/actualidad/1572888525_052080.html
*India has chosen to stay out, for the moment, of the RCEP, an alliance championed by China and which excludes the United States*
Fifteen countries in Asia have concluded this Monday in Bangkok the negotiations to constitute what promises to be the largest free trade zone in the world and will be ratified next year. The RCEP, the Regional Integral Economic Association, is a project promoted mainly by Beijing, which was negotiated since 2012 and does not include the United States. In negotiations in the Asian capital, India has decided not to join the alliance for reasons of "national interest".
In the statement at the end of the summit of countries of the Association of Southeast Asian Nations (ASEAN) held in Bangkok, the leaders of the 16 negotiating countries indicate that 15 of them “have concluded negotiations for the 20 chapters and essentially all issues on market access ”.
"There will be no problem for the 15 participants in the treaty to sign it next year," said Chinese Vice Minister of Foreign Affairs, Le Yucheng. India will be “welcome” if in the future it decides to join this association, formed by China, Japan, South Korea, Australia and New Zealand, in addition to the ten ASEAN countries (Indonesia, Thailand, Singapore, Malaysia, Philippines, Vietnam, Myanmar, Cambodia, Laos and Brunei).
If everything goes as the Chinese vice minister promises and India joins the pact, the future RCEP will cover 47% of the world's population, or 3.4 billion people, and 32.2% of the world's GDP, 20.6 billion euros . It will also capture 32.5% of the global investment and 29% of the planet's trade.
For Beijing, the success of the negotiations represents an economic and political support. As a promoter of the initiative, it consolidates its influence in Asia and the role it seeks in the global role of multilateralism. The agreement will also serve to underpin its economy at a time when its growth is slowing and it faces the United States in a commercial and technological trench war.
Negotiations for this alliance had initially made little progress since the initial proposal was launched in Cambodia seven years ago. But they received a new impetus after, immediately after arriving at the White House, Donald Trump ordered the United States to leave the Trans - Pacific Economic Cooperation Agreement (TPP) , the ambitious free trade agreement for both Pacific shores that the Administration Barack Obama conceived as the economic pillar to shore up the influence of Washington in the region. The US withdrawal meant the near-death, for practical purposes, of that project, despite the fact that 11 of its members have ratified it .
Instead, the Chinese proposal received an injection of vitality . "There is no doubt that we will take a turn towards the RCEP if the TPP does not advance," said Japanese Prime Minister Shinzo Abe, one of the main champions of the transpacific agreement.
The general slowdown between Asian economies in line with the US-China trade war ended up providing the necessary incentive for negotiations to come to fruition.
The RCEP and the TPP are very different. Where the TPP focused on the reduction of non-tariff barriers (environmental protection, standards for foreign investment), the RCEP places the emphasis mainly on tariffs, without the labor rights protections offered by the treaty that originally led the United States. .
The alliance, which will require the ratification of the respective national parliaments, will eliminate tariffs on more than 90% of the goods exchanged between the members. The agreement also includes protections on intellectual property and chapters on investments and trade in goods and services. It also stipulates mechanisms for resolving disputes between countries.
Among other problems, the negotiations have faced the reluctance of India, an economy with a deficit in its trade balance, unlike those of the rest of the member countries, all with surpluses. New Delhi fears that a large free trade area will flood its Chinese products market and its manufacturing industry will be harmed. He also sees with suspicion the possibility that agricultural goods from Australia or New Zealand could harm this sector of their economy.
"Our decision has been guided by the impact this agreement would have on our citizens," said Vijay Thakur Singh of the Indian Ministry of Foreign Affairs, in a press conference quoted by AFP.
The resistance of India is not the only problem to be solved in this gigantic agreement, which brings together economies as diverse as the advanced Japanese, the "socialist with Chinese characteristics" of Beijing or the communist system of Laos, one of the most poor of the world. It remains to be seen if the current deterioration in relations between Japan and South Korea will have some impact on the implementation of this large commercial area. And Australia and New Zealand have also expressed interest in strengthening labor rights or environmental protections, as does the TPP.
US DISINTEREST
MVL
In what has been interpreted in a new gesture of disinterest towards the region - the nth -, the United States only sent a low-profile delegation to the Bangkok summit, headed by the Secretary of Commerce, Wilbur Ross. In complete contrast - very descriptive of the current balance of influences on the continent - China sent its prime minister, Li Keqiang.
President Trump's assistant for National Security issues, Robert O'Brien, who represented Washington in the meeting with ASEAN, accused China of "imperialist" and "intimidating" other Southeast Asian countries in the disputed waters in the South China Sea to appropriate natural resources, reports EFE.
Precisely, Beijing and the ASEAN countries pledged during the summit to close a code of conduct to avoid escalating tensions in those waters.
https://elpais.com/internacional/2019/11/04/actualidad/1572888525_052080.html
(post is archived)