(PTI)
IT Minister Ravi Shankar Prasad said today that India with its software prowess as well as expertise in large digital projects and the ASEAN nations, which lead in hardware, should explore ways to “supplement” and “complement” each other.
He also said that India and ASEAN members are negotiating the Regional Comprehensive Economic Partnership (RCEP) agreement which may be firmed up by the year-end. The 16-member RCEP comprises 10 ASEAN members (Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, the Philippines, Laos and Vietnam) and their 6 FTA partners — India, China, Japan, South Korea, Australia and New Zealand. RCEP is a mega trade pact among these countries and aims to cover goods, services, investments, economic and technical cooperation, competition and intellectual property rights.
