Piyush Goyal to meet counterparts from Russia, Japan, China, Australia next week

Economy


Commerce and industry minister Piyush Goyal will have bilateral meetings next week with his counterparts from the members of the Regional Comprehensive Economic Partnership (RCEP) trade agreement and countries of the East Asia Summit (EAS).

Goyal will attend the 7th RCEP ministerial meeting, 16th ASEAN India Economic Ministers (AEM) meeting and the 7th East Asia Economic Ministers Summit being held in Bangkok from September 8-10.

The meetings will be attended by economic ministers and senior leaders of ten ASEAN member countries and eight East Asia Summit countries. Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam are the 10 ASEAN nations.

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“Goyal is also scheduled to hold bilateral meetings with his counterparts from Japan, Singapore, China, Indonesia, Australia, New Zealand, Philippines, Thailand and Russia,” commerce and industry ministry said in a statement on Friday.

The EAS meeting will discuss regional and global economic developments and ASEAN’s outlook on the Indo-Pacific region besides matters related to promotion of trade and investment among the partner countries.

ASEAN countries together have emerged as the largest trading partner of India in 2018-19 (followed by the US), with a share of 11.47% in India’s overall trade, while India was ASEAN’s sixth largest trading partner in 2018.



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