Civil Services Prep

Prelims 2016 · Current Affairs · Question 2

The term 'Regional Comprehensive Economic Partnership' often appears in the news in the context of the affairs of a group of countries known as

  1. G20
  2. ASEAN
  3. SCO
  4. SAARC

Answer

ASEAN

  • (a) G20: Incorrect. RCEP is not a G20 initiative; G20 is a broader forum of major economies, not the negotiating bloc for this pact.
  • (b) ASEAN: Correct. RCEP was centered on ASEAN and its FTA partners; it emerged from the ASEAN-led regional trade architecture.
  • (c) SCO: Incorrect. SCO is a Eurasian political-security grouping, not the framework under which RCEP was negotiated.
  • (d) SAARC: Incorrect. SAARC is a South Asian regional organization and has no direct link to RCEP negotiations.

Answer: (b) ASEAN.

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