BANGKOK, Nov. 4 -- Leaders of the Association of Southeast Asian Nations (ASEAN) and their dialogue partners concluded a series of summits here Monday, with major progress achieved in the negotiations of the Regional Comprehensive Economic Partnership (RCEP), although India has "significant outstanding issues" that were unresolved.
ASEAN and its dialogue partners also agreed on a range of tangible measures to facilitate connectivity and promote sustainable development during the three-day gathering.
Apart from a summit between its 10 member states, ASEAN also held separate summits with dialogue partners under mechanisms such as 10+1 and 10+3, while the East Asia Summit between ASEAN and eight more countries, including the United States and Russia, was also held.
RCEP NEGOTIATIONS ACHIEVE MAJOR BREAKTHROUGH
According to a joint leaders' statement issued after a RCEP summit on Monday evening, "15 RCEP participating countries have concluded text-based negotiations for all 20 chapters and essentially all their market access issues, and tasked legal scrubbing by them to commence for signing in 2020."
However, "India has significant outstanding issues, which remain unresolved," the statement said, adding "all RCEP participating countries will work together to resolve these outstanding issues in a mutually satisfactory way."
"India's final decision will depend on satisfactory resolution of these issues," it added.
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