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Showing posts with the label Economic Development

RCEP draft moots tough curbs on cheap medicines

RCEP draft moots tough curbs on cheap medicines Analysis of leaked chapter of the draft RCEP agreement Regional Comprehensive Economic Partnership (RCEP) agreement – being negotiated by 16 countries (10 member states of the Association of Southeast Asian Nations (ASEAN) and 6 other countries that have Free Trade Agreements with the ASEAN) A leaked chapter of the draft RCEP agreement reveals that the  trade pact in its current form could reduce access to affordable medicines in many developing countries . The chapter on Intellectual Property Rights (IPR) is part of draft of the RCEP agreement. India has opposed some damaging proposals initiated by the RCEP members, particularly Japan and Korea,  involving patent extensions , restrictive rules on copyright exceptions , and  other anti-consumer measures . Some member countries, who are part of both the TPP [the U.S.-led Trans Pacific Partnership] and the RCEP, are trying to push for the TPP standards in...

Delhi Dialogue to focus on trading blocs (TPP) and Impact of TPP on India-ASEAN ties

Delhi Dialogue to focus on Impact of TPP on India-ASEAN ties The  impact of the U.S.-led mega trading and political blocs on India-ASEAN ties  is likely to be the highlight of the 8th round of  Delhi Dialogue . One emerging mega bloc, the  Trans Pacific Partnership (TPP), received a major boost recently with the joining of Brunei, Vietnam, Malaysia and Singapore (ASEAN Countries). Diplomats are concerned that India will have to adjust to  the new set of security and economic rules  as increasing number of Southeast Asian countries join TPP, which began taking shape with the arrival of President Barack Obama to the White House in 2009. “The process of joining TPP by several countries in Southeast Asia has highlighted the conflicting segments in the Southeast Asian region. Delhi Dialogue will give us a chance to assess how India will have to adjust to these mega trading and political blocs  emerging in this region which is vital fo...