RCEP PO­TEN­TIAL FINITE WITH­OUT IN­DIA: JA­PAN

Hindustan Times (Amritsar) - - Front Page - Rezaul H Laskar let­[email protected]­dus­tan­times.com

Ja­pan be­lieves the trade pact can achieve its full po­ten­tial only with the par­tic­i­pa­tion of In­dia in view of its sta­tus as a ma­jor power in the Indo-Pa­cific, the Ja­panese for­eign min­is­ter said on Mon­day.

NEW DELHI : Ja­pan be­lieves the Re­gional Com­pre­hen­sive Eco­nomic Part­ner­ship (RCEP) trade pact can achieve its full po­ten­tial only with the par­tic­i­pa­tion of In­dia in view of its sta­tus as a ma­jor power in the Indo-Pa­cific, the Ja­panese for­eign min­is­ter said on Mon­day.

In­dia opted out of RCEP, whose other par­tic­i­pants are the 10 mem­bers of the As­so­ci­a­tion of South­east Asian Na­tions (Asean) and the group­ing’s FTA part­ners, Aus­tralia, China, Ja­pan, New Zealand and South Korea, last month, say­ing the agree­ment doesn’t sat­is­fac­to­rily ad­dress New Delhi’s con­cerns.

Speak­ing on Ja­pan’s for­eign pol­icy at the Tokyo Global Di­a­logue

or­gan­ised by the Ja­pan In­sti­tute of In­ter­na­tional Af­fairs, for­eign min­is­ter Toshim­itsu Motegi said his coun­try is “mak­ing diplo­matic ef­forts to re­alise RCEP with the par­tic­i­pa­tion of all 16 coun­tries, in­clud­ing In­dia”.

Motegi, who was in In­dia with de­fence min­is­ter Taro Kono over the week­end for the first 2+2 min­is­te­rial di­a­logue be­tween the two coun­tries, said: “Whether we can keep In­dia in RCEP, we can­not yet tell for cer­tain at this mo­ment. Yet, what is driv­ing our ef­forts is Ja­pan’s firm con­vic­tion that the frame­work of the RCEP can truly boost the re­gion’s eco­nomic po­ten­tial only with the par­tic­i­pa­tion of In­dia, a ma­jor strate­gic player con­nect­ing the Asia-Pa­cific and the In­dian Ocean.”

AP

For­eign min­is­ter S Jais­hankar (right) with his Ja­panese coun­ter­part Toshim­itsu Motegi be­fore the start of the In­dia-Ja­pan 2+2 talks in New Delhi on Novem­ber 30, 2019.

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