India decided not to join RCEP in national interest, reviewing other FTAs: Piyush Goyal
5 years, 2 months ago

India decided not to join RCEP in national interest, reviewing other FTAs: Piyush Goyal

Firstpost  

India stood its ground at RCEP negotiations and in the national interest decided not to join the China-led mega-trade pact, said Commerce and Industry Minister Piyush Goyal on Tuesday New Delhi: India stood its ground at RCEP negotiations and in the national interest decided not to join the China-led mega-trade pact, said Commerce and Industry Minister Piyush Goyal on Tuesday. India wanted tough rules of origin in RCEP FTA to stop trade circumvention; will preserve interests of MSMEs: @PiyushGoyal pic.twitter.com/RNE4OjpftG — CNBC-TV18 November 5, 2019 Addressing a press conference a day after the conclusion of the Regional Comprehensive Economic Partnership summit in Bangkok, Goyal said Prime Minister Narendra Modi took a tough stand to protect the interest of the dairy sector, farmers and domestic industry. The minister also hit out at the Congress party for criticising the government, saying it was the Manmohan Singh government that had initiated the discussions for making India part of the RCEP grouping, ignoring the fact that it had a huge trade deficit with the member nations. The minister further said the Modi government was reviewing various FTAs signed by the Manmohan Singh government with South Korea and ASEAN with a view to safeguard the interest of the nation and pave the way for making India a $5-trillion economy.

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History of this topic

India should reconsider its rejection of the RCEP trade bloc
1 month, 4 weeks ago

India should reconsider its rejection of the RCEP trade bloc

Live Mint  

Five years ago, on a November morning in Bangkok, just on the verge of signing the Regional Comprehensive Economic Partnership agreement, India abruptly walked out of it. India’s RCEP participation should be based on a broad set of metrics—not merely the trade deficit, but also investment inflows, employment creation and participation in new regional value chains. A 2022 assessment by …

India's decision to opt out of RCEP agreement strategically sound: GTRI
2 months ago

India's decision to opt out of RCEP agreement strategically sound: GTRI

Deccan Chronicle  

New Delhi: India's decision to opt out of the trade bloc RCEP was strategically sound as the country has the largest trade deficit and trust issues with China, think tank GTRI said on Friday. "Had India joined RCEP, the situation could have worsened drastically, as it would face zero-tariff imports from China, risking further imbalance," the Global Trade Research Initiative …

Sri Lanka, Bangladesh mull over joining RCEP bloc
1 year, 2 months ago

Sri Lanka, Bangladesh mull over joining RCEP bloc

The Hindu  

Four years after India walked out of the Regional Comprehensive Economic Partnership agreement, neighbours Sri Lanka and Bangladesh are now considering their chances of membership in the 15-nation trading bloc. Vast potential The Sri Lankan Presidential Secretariat confirmed the government’s application for RCEP membership in an August statement, saying that it recognised “the potential of this vast trade block comprising …

Chinese minister says India free to join RCEP trade bloc
1 year, 4 months ago

Chinese minister says India free to join RCEP trade bloc

Hindustan Times  

India is free to join the Regional Comprehensive Economic Partnership, China's Vice Commerce Minister Wang Shouwen said on Friday in New Delhi, adding that it would boost trade between India and China which is growing "very fast". The RCEP is the world's largest trade bloc backed by China and groups 15 Asia-Pacific economies, including Australia, Japan, New Zealand and 10 …

At HT Leadership Summit, Piyush Goyal explains why India didn't sign RCEP
2 years, 1 month ago

At HT Leadership Summit, Piyush Goyal explains why India didn't sign RCEP

Hindustan Times  

Union commerce minister Piyush Goyal on Saturday offered an insight into why India opted out of the China-led Regional Comprehensive Economic Partnership, saying it was due to concerns expressed by stakeholders within the MSME and dairy sectors. Union minister Piyush Goyal at the HT Leadership Summit "Modi government does not sign FTAs for the sake of doing so. "… not …

India joins Biden’s new trade initiative for Indo-Pacific, negotiations to begin
2 years, 7 months ago

India joins Biden’s new trade initiative for Indo-Pacific, negotiations to begin

The Hindu  

India signalled its readiness to join a new economic initiative led by the United States for the region, as Prime Minister Narendra Modi joined U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida and leaders of 10 countries, who joined virtually, for the launch of the Indo-Pacific Economic Framework for Prosperity in Tokyo on May 23. U.S. officials made it …

Japan still hopes India will re-join RCEP: Japan Cabinet official Noriyuki Shikata
2 years, 9 months ago

Japan still hopes India will re-join RCEP: Japan Cabinet official Noriyuki Shikata

The Hindu  

Japan has still not given up hope that India might reconsider joining the Regional Comprehensive Economic Partnership that it quit in 2019, a senior Japanese official said, indicating that India-Japan collaborations in other countries may be impacted if India continues to stay out. “RCEP will benefit the Indian economy with a better supply chain, especially with ASEAN countries,” Japan’s Cabinet …

Qingdao hosts RCEP forum for economic and trade cooperation
3 years, 8 months ago

Qingdao hosts RCEP forum for economic and trade cooperation

China Daily  

The RCEP Qingdao Pilot Innovation Base for Economic and Trade Cooperation starts construction on Jan 18. The Regional Comprehensive Economic Partnership High-level Forum for Economic and Trade Cooperation was launched in the eastern coastal city of Qingdao, Shandong province on April 25. Lin Yuhui, secretary-general of ASEAN Secretariat, said that the RCEP agreement has led to modern, comprehensive, high-quality, and …

Pulling Out of RCEP a Mistake, India Should Join Bloc as Soon as Possible: Montek Singh Ahluwalia
4 years ago

Pulling Out of RCEP a Mistake, India Should Join Bloc as Soon as Possible: Montek Singh Ahluwalia

News 18  

Terming India’s decision to pull out of the Regional Comprehensive Economic Partnership as a ‘mistake’, former deputy chairman of the now-defunct Planning Commission Montek Singh Ahluwalia on Thursday said the country should join the trading bloc ‘as soon as possible’. Addressing a virtual event organised by the Centre for Social and Economic Progress, Ahluwalia further said India is not going …

RCEP and China: A deal that can make a difference
4 years ago

RCEP and China: A deal that can make a difference

The Hindu  

Amonth after the signing of the Regional Comprehensive Economic Partnership agreement by 15 countries in the Asia-Pacific region, speculation on what its economic and strategic fallout could be has waned. Moreover, other than reducing tariffs from already low levels and harmonising clauses relating to different aspects of trade in the different agreements that rule in the region, the new deal …

India in Talks with Australia for Bilateral Free Trade Pact, Says Jaishankar
4 years, 1 month ago

India in Talks with Australia for Bilateral Free Trade Pact, Says Jaishankar

News 18  

India and Australia are in discussions for a bilateral free trade agreement, Indian Foreign Minister Subrahmanyam Jaishankar said on Wednesday, following New Delhi's decision to walk out of a China-backed trade bloc. "There is a discussion on a free trade agreement, a bilateral free trade agreement as well because, as you know, we didn't sign the RCEP," Jaishankar said in …

Hope India Would Revisit Merits of Joining RCEP, Says Singapore PM Lee Hsien Loong
4 years, 1 month ago

Hope India Would Revisit Merits of Joining RCEP, Says Singapore PM Lee Hsien Loong

News 18  

Singapore looks forward to deepening the partnership between India and the ASEAN, Prime Minister Lee Hsien Loong said on Monday as he expressed hope that New Delhi would revisit the merits of joining the Regional Comprehensive Economic Partnership in the future. India's Act East policy expresses Prime Minister Narendra Modi's intention to unlock India's full potential through greater openness and …

Sreeram Chaulia | Beyond the RCEP: India matters in Indo-Pacific
4 years, 1 month ago

Sreeram Chaulia | Beyond the RCEP: India matters in Indo-Pacific

Deccan Chronicle  

Since the signing of the Regional Comprehensive Economic Partnership agreement by 15 nations on November 15, criticism of India for sitting out the mega free trade pact has arisen in some quarters. Signing these FTAs did increase overall trade volumes between India and its partner countries, but India’s market became more open to imports without reciprocal benefits for Indian exports. …

The Hindu Explains | Why did India stay out of the RCEP deal?
4 years, 1 month ago

The Hindu Explains | Why did India stay out of the RCEP deal?

The Hindu  

November 22, 2020 02:00 am | Updated December 04, 2021 10:32 pm IST The story so far: On November 15, the Regional Comprehensive Economic Partnership was signed by 15 countries led by China, Japan, South Korea, Australia, New Zealand, and the 10-country ASEAN group. After long negotiations, India exited the grouping last November, saying it wanted to protect its economy …

India’s no to RCEP could still be a no
4 years, 1 month ago

India’s no to RCEP could still be a no

The Hindu  

Last week, 15 East Asian countries agreed to take their economic integration several notches higher by forging the Regional Comprehensive Economic Partnership, the largest free trade agreement ever. These countries had adopted a resolution “to establish an ASEAN-led process by setting out principles” that would allow ASEAN members to “engage interested ASEAN FTA partners in establishing a regional comprehensive economic …

Was India right to leave the RCEP trade deal? | The Hindu In Focus podcast
4 years, 1 month ago

Was India right to leave the RCEP trade deal? | The Hindu In Focus podcast

The Hindu  

The Regional Comprehensive Economic Partnership, the world’s largest trade bloc of 15 countries including the 10 ASEAN members, China, Japan, South Korea, Australia and New Zealand, was signed on November 15 without India, which was part of the long-running negotiations until it withdrew last year. The day after the signing, External Affairs Minister S. Jaishankar criticised past trade agreements for …

Joining RCEP Would Have Had Negative Consequences for Indian Economy, Says S Jaishankar
4 years, 1 month ago

Joining RCEP Would Have Had Negative Consequences for Indian Economy, Says S Jaishankar

News 18  

India pulled out of the Regional Comprehensive Economic Partnership last year as joining it would have resulted in fairly negative consequences for the country’s economy, External Affairs Minister S Jaishankar said on Wednesday. In an address at an online discussion organised by the Centre for European Policy Studies, Jaishankar also forcefully pressed for reform of the United Nations, saying one …

Leaving RCEP was a short-sighted decision, says former Foreign Secretary Shyam Saran
4 years, 1 month ago

Leaving RCEP was a short-sighted decision, says former Foreign Secretary Shyam Saran

The Hindu  

The Regional Comprehensive Economic Partnership, a trade bloc of 15 countries including the 10 ASEAN members, China, Japan, South Korea, Australia and New Zealand, was signed on November 15 without India, which was part of the long-running negotiations until it withdrew last year. In an interview with The Hindu, former Foreign Secretary Shyam Saran says the decision to opt out …

Trade pacts: Jaishankar’s views reflect language used in 1970s, says Chidambaram
4 years, 1 month ago

Trade pacts: Jaishankar’s views reflect language used in 1970s, says Chidambaram

The Hindu  

Former Finance Minister P. Chidambaram on Tuesday said External Affairs Minister S. Jaishankar’s views on trade agreements were similar to the language used in the 1970s and claimed that several English newspapers have noted that India would be “better off” by being a part of the regional trade bloc, the Regional Comprehensive Economic Partnership. I would reserve a final view …

Threat or treat: on RCEP trade deal
4 years, 1 month ago

Threat or treat: on RCEP trade deal

The Hindu  

The Regional Comprehensive Economic Partnership was signed into existence on Sunday by 15 countries led by China, Japan, South Korea, Australia, New Zealand and the 10-state ASEAN grouping, creating one of the world’s largest trading blocs. With global trade and the economy foundering on the shoals of the COVID-19 pandemic, especially as new infections in Europe and the U.S. prompt …

A day after RCEP, Jaishankar slams trade pacts, globalisation
4 years, 1 month ago

A day after RCEP, Jaishankar slams trade pacts, globalisation

The Hindu  

India has allowed other countries “unfair” trade and manufacturing advantages “in the name of openness”, asserted External Affairs Minister S. Jaishankar, in a speech criticising the effects of globalisation on Monday. Speaking just a day after the 15-nation Regional Comprehensive Economic Partnership was signed, Mr. Jaishankar was particularly scathing of trade agreements, which he said had forced India to “deindustrialise”. …

What happens now the RCEP trade deal, the world’s biggest, has been signed?
4 years, 1 month ago

What happens now the RCEP trade deal, the world’s biggest, has been signed?

Live Mint  

Fifteen Asia-Pacific economies signed what could become the world's largest free trade agreement on Sunday, covering nearly a third of the global population and about 30% of its global gross domestic product. RCEP includes China, Japan, South Korea, Australia, New Zealand and the 10 members of the Association of South East Asian Nations : Brunei, Vietnam, Laos, Cambodia, Thailand, Myanmar, …

Explainer: What Happens Now The RCEP Trade Deal Has Been Signed?
4 years, 1 month ago

Explainer: What Happens Now The RCEP Trade Deal Has Been Signed?

News 18  

Fifteen Asia-Pacific economies signed what could become the world’s largest free trade agreement on Sunday, covering nearly a third of the global population and about 30% of its global gross domestic product. RCEP includes China, Japan, South Korea, Australia, New Zealand and the 10 members of the Association of South East Asian Nations : Brunei, Vietnam, Laos, Cambodia, Thailand, Myanmar, …

Deccan Dialogue: EAM Jaishankar explains RCEP stance, lauds India's Vande Bharat Mission
4 years, 1 month ago

Deccan Dialogue: EAM Jaishankar explains RCEP stance, lauds India's Vande Bharat Mission

India Today  

External Affairs Minister S Jaishankar virtually addressed the Deccan Dialogue organised by ISB, Hyderabad, on Monday. Indian and RCEP trading bloc One of the original negotiating participants, India walked out of the RCEP talks in 2019 citing "outstanding issues". As one of the 16 original participating countries, India's accession to the RCEP Agreement would be welcome in view of its …

China-led mega trade bloc RCEP takes off
4 years, 1 month ago

China-led mega trade bloc RCEP takes off

The Hindu  

The Regional Comprehensive Economic Partnership, a mega trade bloc comprising 15 countries led by China that came into existence on Sunday, said India would have to write expressing “intention” to join the organisation to restart negotiation for membership. “The RCEP signatory states will commence negotiations with India at any time after the signing of the RCEP Agreement once India submits …

RCEP Signatories Ready for Negotiations Once India Gives Written Request to Join Pact
4 years, 1 month ago

RCEP Signatories Ready for Negotiations Once India Gives Written Request to Join Pact

News 18  

Countries that have signed the RCEP agreement can start negotiations with India for joining the pact once New Delhi submits a written request stating its intention for the same, according to a declaration. On November 4 last year, India walked out of mega free trade agreement RCEP as negotiations failed to address New Delhi’s outstanding issues and concerns. The remaining …

15 Asian Nations Sign World's Largest Free Trade Pact in Major Coup for China, India Absent
4 years, 1 month ago

15 Asian Nations Sign World's Largest Free Trade Pact in Major Coup for China, India Absent

News 18  

Fifteen Asia-Pacific countries on Sunday signed the world’s biggest free trade deal, seen as a huge coup for China in extending its influence. “It clearly shows that multilateralism is the right way, and represents the right direction of the global economy and humanity’s progress.” The agreement to lower tariffs and open up the services trade within the bloc does not …

India and ASEAN to expand trade despite RCEP walkout
4 years, 1 month ago

India and ASEAN to expand trade despite RCEP walkout

The Hindu  

November 12, 2020 05:35 pm | Updated 09:45 pm IST - New Delhi India and ASEAN countries said they would explore ways to increase trade between them despite India’s exit from the 15-nation Regional Comprehensive Economic Partnership agreement. The RCEP free trade agreement, which India walked out from a year ago, is expected to be signed on November 15th, between …

India should heed appeal by RCEP members to return to negotiating table; then battle hard for equitable deal
4 years, 6 months ago

India should heed appeal by RCEP members to return to negotiating table; then battle hard for equitable deal

Firstpost  

On Wednesday, representatives from the Association of South East Asian Nations, along with Japan, New Zealand, South Korea, Australia and China participated virtually in the 10th Regional Comprehensive Economic Partnership inter-sessional ministerial meeting. As the data below shows, India is already a pretty useful trade partner for most of the RCEP members: Now, imagine those numbers in a scenario where …

India opposes rejoining RCEP over China concerns
4 years, 7 months ago

India opposes rejoining RCEP over China concerns

The Hindu  

As the deadline for a response to a fresh proposal of India rejoining negotiations on the ASEAN-led trade Regional Comprehensive Economic Partnership ran out on Friday, a senior Ministry of External Affairs official indicated that global post Coronavirus concerns over China had strengthened India’s opposition to the grouping. The letter sent by the RCEP’s Trade Negotiating Committee Chairperson last month, …

State apprehensive over Indo-U.S. trade talks
4 years, 10 months ago

State apprehensive over Indo-U.S. trade talks

The Hindu  

Sunil Kumar has shot off a letter to Union Minister for Commerce Piyush Goyal outlining the State's apprehensions regarding the Indo-U.S. trade talks that are underway. In a two-page letter on Friday, Mr. Sunil Kumar urged the Union Minister to safeguard the interests of Indian farmers, drawing his attention to the recent outpouring of protest against the Regional Comprehensive Economic …

Indian economy well-poised to take off; govt will hold discussions with Britain, EU on free trade agreements, says Piyush Goyal
4 years, 11 months ago

Indian economy well-poised to take off; govt will hold discussions with Britain, EU on free trade agreements, says Piyush Goyal

Firstpost  

On RCEP, Goyal said it was an “unbalanced trade agreement, which was really not fulfilling the guiding principles on which RCEP started about eight years ago, therefore India chose not to participate in it”. Davos: Asserting that the Indian economy is well-poised to take off, Union minister Piyush Goyal on Thursday said there is a lot of enthusiasm for making …

Indian economy poised to take off, says Piyush Goyal
4 years, 11 months ago

Indian economy poised to take off, says Piyush Goyal

India TV News  

Asserting that the Indian economy is well-poised to take off, Union minister Piyush Goyal on Thursday said there is a lot of enthusiasm for making investments in the country. Speaking at a session at the World Economic Forum annual summit here, the Commerce and Industry Minister also said the government will hold discussions with Britain and European Union on free …

ASEAN Secretariat invites India for RCEP meeting next month in Bali, govt yet to decide on participation
4 years, 11 months ago

ASEAN Secretariat invites India for RCEP meeting next month in Bali, govt yet to decide on participation

Firstpost  

The RCEP, comprising 10-member ASEAN bloc and six other countries India, China, Japan, South Korea, Australia and New Zealand, is engaged in negotiations for a free-trade pact. New Delhi: The ASEAN Secretariat has invited India to participate in a meeting called in Bali on 3 and 4 February on RCEP agreement to sort out concerns of New Delhi, an official …

S Jaishankar says India has not closed doors on China-backed RCEP, will evaluate deal on its trade, economic merit
4 years, 11 months ago

S Jaishankar says India has not closed doors on China-backed RCEP, will evaluate deal on its trade, economic merit

Firstpost  

India has not closed its doors on the Regional Comprehensive Economic Partnership and will carry out a cost-benefit analysis to evaluate its merit, External Affairs Minister S Jaishankar said on Wednesday New Delhi: India has not closed its doors on the Regional Comprehensive Economic Partnership and will carry out a cost-benefit analysis to evaluate its merit, External Affairs Minister S …

After RCEP, what’s the road ahead?
5 years, 1 month ago

After RCEP, what’s the road ahead?

Deccan Chronicle  

The Indian government must be complimented for showing conviction in standing up to pressure, both internal and external, and not bowing to conditions that didn’t take account of its core national interests in Bangkok last week. It’s clear that India refused to play ball as the proposed Regional Comprehensive Economic Partnership, or RCEP, in Prime Minister Narendra Modi’s words, “does …

The China factor in India’s RCEP move
5 years, 2 months ago

The China factor in India’s RCEP move

The Hindu  

Prime Minister Narendra Modi’s ASEAN sojourn this year will be remembered for India finally rejecting the Regional Comprehensive Economic Partnership trade deal. Apart from the 10 member states of the Association of Southeast Asian Nations, the mega deal was to include the bloc’s six free trade partners — China, India, South Korea, Japan, New Zealand and Australia. In his speech …

Opinion | India is better off not joining RCEP
5 years, 2 months ago

Opinion | India is better off not joining RCEP

Live Mint  

After recent months of back and forth attempting to negotiate a better trade agreement for India to join the Regional Comprehensive Economic Partnership, the Indian government decided not to join the trade forum and be excluded from what has been seen as one of the biggest plurilateral free-trade partnerships in the world. As a number of commentators may remain divided …

China downplays India's decision not to sign RCEP trade deal, says member nations ready to address New Delhi's concerns
5 years, 2 months ago

China downplays India's decision not to sign RCEP trade deal, says member nations ready to address New Delhi's concerns

Firstpost  

China on Wednesday played down India’s decision not to join the mega RCEP trade deal, saying the members of the grouping are prepared to work together to address New Delhi’s concerns Beijing: China on Wednesday played down India’s decision not to join the mega Regional Comprehensive Economic Partnership trade deal, saying the members of the grouping are prepared to work …

Walking out of RCEP deal wasn't a 'bold decision', it was induced by fear of competition and will end up only harming India in long run
5 years, 2 months ago

Walking out of RCEP deal wasn't a 'bold decision', it was induced by fear of competition and will end up only harming India in long run

Firstpost  

RCEP deal: It is strange to call a decision a metric of ‘strength’, that has been taken out of fear. Regardless of the Opposition’s or government’s narrative, the fact remains that India’s move to walk out of RCEP deal was borne out of worry against competition. The tragedy lies in the fact that even two decades after liberalization, the Indian …

RCEP deal could provide opportunities for India's exports, says China
5 years, 2 months ago

RCEP deal could provide opportunities for India's exports, says China

The Hindu  

China on Wednesday sought to assure India over the Regional Comprehensive Economic Partnership, saying the trade deal could provide many opportunities for India's exports. China joined 14 countries this week in agreeing terms for RCEP, which could become the world's biggest free trade deal if officially signed next year as planned. But India pulled out at the last minute amid …

Safe, for now: On India opting out of RCEP
5 years, 2 months ago

Safe, for now: On India opting out of RCEP

The Hindu  

India eventually decided to play it safe by pulling out at the last minute from the Regional Comprehensive Economic Partnership which was finalised by 15 countries in Bangkok on Monday. On the one side was the looming figure of China in the group and that country’s desperate need to find newer markets for its products in the backdrop of its …

After India declines to join RCEP, China says it will follow principle of 'mutual understanding' to resolve outstanding issues
5 years, 2 months ago

After India declines to join RCEP, China says it will follow principle of 'mutual understanding' to resolve outstanding issues

Firstpost  

Prime Minister Narendra Modi on Monday conveyed India’s decision not to join the RCEP deal at a summit meeting of the 16-nation bloc, effectively wrecking its aim to create the world’s largest free trade area having half of the world’s population. Beijing: China said on Tuesday that it will follow the principle of “mutual understanding and accommodation” to resolve the …

India pulls out of RCEP: Industry, traders and farmers welcome Narendra Modi govt's decision
5 years, 2 months ago

India pulls out of RCEP: Industry, traders and farmers welcome Narendra Modi govt's decision

Firstpost  

Industry, traders and farmers on Monday appreciated the Modi government’s decision not to join China-backed mega Regional Comprehensive Economic Partnership New Delhi: Industry, traders and farmers on Monday appreciated the Modi government’s decision not to join China-backed mega Regional Comprehensive Economic Partnership. Prime Minister Narendra Modi in Bangkok said India will not join China-backed RCEP deal as negotiations failed to …

Narendra Modi has done well to keep India out of RCEP, but WTO-style bargaining for future entry is a good idea
5 years, 2 months ago

Narendra Modi has done well to keep India out of RCEP, but WTO-style bargaining for future entry is a good idea

Firstpost  

As for RCEP, India must keep its doors open for possible future engagements. We might as well invent a new-age idiom if we were to invite trouble in a manner that China would trouble India’s economy: “Come dragon, gore me”. In such a context, Prime Minister Narendra Modi has done the wise thing in keeping India out of the ambitious …

RCEP: Swadeshi Jagran Manch praises Govt, Congress says victory for national interest
5 years, 2 months ago

RCEP: Swadeshi Jagran Manch praises Govt, Congress says victory for national interest

The Hindu  

The government’s decision to not join the Regional Comprehensive Economic Partnership will guide others on how to uphold national interest, the Swadeshi Jagran Manch said on Monday. It is a demonstration to other leaders on how to protect national interest and the interests of our farmers, dairy workers and the manufacturing sector,” said national co-convener of SJM Ashwani Mahajan. Union …

Congress claims victory after India decides not to join RCEP, forceful opposition ensured BJP govt backs out, says Randeep Singh Surjewala
5 years, 2 months ago

Congress claims victory after India decides not to join RCEP, forceful opposition ensured BJP govt backs out, says Randeep Singh Surjewala

Firstpost  

With India deciding not to join the Regional Comprehensive Economic Partnership, the Congress on Monday claimed victory saying its forceful opposition has ensured that the BJP government backs out from bartering the interests of farmers, dairy producers, fishermen and small and medium businessmen New Delhi: With India deciding not to join the Regional Comprehensive Economic Partnership, the Congress on Monday …

ICCFM welcomes India's withdrawal from RCEP
5 years, 2 months ago

ICCFM welcomes India's withdrawal from RCEP

Op India  

After it was reported that India has decided against joining the RCEP in its present form, Indian Coordination Committee of Farmers’ Movements has welcomed the move, and has called for India to formally withdraw from all RCEP negotiation and similar Free Trade Agreements. The full statement issued by ICCFM is given below: “INDIA HAS TO WITHDRAW FORMALLY AND FULLY FROM …

India will not join Asian trade deal RCEP: Narendra Modi says agreement doesn't reflect original intent, can't compromise on core interests
5 years, 2 months ago

India will not join Asian trade deal RCEP: Narendra Modi says agreement doesn't reflect original intent, can't compromise on core interests

Firstpost  

India has decided not to join the Regional Comprehensive Economic Partnership agreement as its key concerns have not been addressed. Prime Minister Narendra Modi, attending the ASEAN summit in Bangkok, stood firm on India’s concerns in the trade deal not being addressed and decided there cannot be any compromise on core interests India has decided not to join the Regional …

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