Mutually beneficial RCEP trade deal in India's interest, have put forward 'reasonable proposals', Narendra Modi tells Bangkok newspaper
5 years, 4 months ago

Mutually beneficial RCEP trade deal in India's interest, have put forward 'reasonable proposals', Narendra Modi tells Bangkok newspaper

Firstpost  

Prime Minister Narendra Modi said India is ‘clear’ that a mutually beneficial RCEP, in which all sides gain reasonably, is in interests of the country and of all nations involved in the negotiation Bangkok: As negotiations to finalise the long-overdue Regional Comprehensive Economic Partnership enter final stages, Prime Minister Narendra Modi said India has put forward “reasonable proposals” in a clear manner and is engaged in the talks with “sincerity” for the free trade deal. Modi said India is “clear” that a mutually beneficial RCEP, in which all sides gain reasonably, is in interests of the country and of all nations involved in the negotiation. Diplomats from two RCEP member countries said there was a “very high” possibility of inking the deal at the bloc’s summit on Monday if India agrees to be part of it. “Overall, we are clear that a mutually beneficial RCEP, in which all sides gain reasonably, is in interests of India and of all partners in the negotiation,” he said.

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History of this topic

‘Can’t let big powers decide our future’: Thailand, Philippines seek closer India-Asean ties – Firstpost
1 week, 1 day ago

‘Can’t let big powers decide our future’: Thailand, Philippines seek closer India-Asean ties – Firstpost

Firstpost  

Secretary of Foreign Affairs of the Philippines Enrique A Manalo said that the Association of Southeast Nations has a duty to serve its own people and ensure the region’s development Secretary of Foreign Affairs of the Philippines Enrique A Manalo and Thailand's Foreign Minister Maris Sangiampongsa in conversation with Firstpost Asean members have realised that they are the “makers of …

RCEP an FTA with 'low ambition' but high potential
Trending News
2 months ago

RCEP an FTA with 'low ambition' but high potential

China Daily  

JIN DING/CHINA DAILY The Regional Comprehensive Economic Partnership agreement that entered its third year on Jan 1 is a significant rules-based trade and economic framework for the Asia-Pacific region. Although the negotiations for the RCEP, which comprises the 10 ASEAN member states and five of ASEAN's trade partners, were concluded in November 2019, the agreement came into effect on Jan …

RCEP an FTA with 'low ambition' but high potential
Trending News
2 months ago

RCEP an FTA with 'low ambition' but high potential

China Daily  

The Regional Comprehensive Economic Partnership agreement that entered its third year on Jan 1 is a significant rules-based trade and economic framework for the Asia-Pacific region. Although the negotiations for the RCEP, which comprises the 10 ASEAN member states and five of ASEAN's trade partners, were concluded in November 2019, the agreement came into effect on Jan 1, 2022, because …

RCEP an FTA with 'low ambition' but high potential
2 months ago

RCEP an FTA with 'low ambition' but high potential

China Daily  

JIN DING/CHINA DAILY The Regional Comprehensive Economic Partnership agreement that entered its third year on Jan 1 is a significant rules-based trade and economic framework for the Asia-Pacific region. Although the negotiations for the RCEP, which comprises the 10 ASEAN member states and five of ASEAN's trade partners, were concluded in November 2019, the agreement came into effect on Jan …

Time to reset the Indo-Pacific Oceans Initiative
4 months, 1 week ago

Time to reset the Indo-Pacific Oceans Initiative

Hindustan Times  

Launched in 2019 at the ASEAN-led East Asia Summit in Bangkok, the Indo-Pacific Oceans Initiative appeared to hold promise as India’s guiding framework to strengthen its role and enhance cooperation in the Indo-Pacific region. The IPOI, envisaged as a critical vista for enhancing cooperation and collaboration among like-minded partners in the Indo-Pacific, was framed on seven key pillars: maritime ecology; …

India should reconsider its rejection of the RCEP trade bloc
4 months, 2 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 …

Sanjaya Baru | India and East Asia: It’s a return to geo-economics
4 months, 2 weeks ago

Sanjaya Baru | India and East Asia: It’s a return to geo-economics

Deccan Chronicle  

Something interesting is happening on the external economic policy front. Following up the suggestion made in the Union finance ministry’s Economic Survey 2023-24, that India should welcome foreign direct investment from China, the chief executive officer of the Niti Ayog, the Union government’s economic policy think tank, has publicly advocated India joining the Regional Comprehensive Economic Partnership trade bloc. However, …

India's decision to opt out of RCEP agreement strategically sound: GTRI
4 months, 2 weeks 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 …

PM Modi's Focus on India-ASEAN Friendship in a Turbulent Region
5 months, 2 weeks ago

PM Modi's Focus on India-ASEAN Friendship in a Turbulent Region

ABP News  

Prime Minister Narendra Modi emphasizes the significance of the India-ASEAN friendship in a world facing conflict and tension. He highlights the critical role this partnership plays in promoting peace and collaboration, especially in the context of maritime disputes in the South China Sea and ongoing unrest in Myanmar. Modi expresses confidence in the 21st century being an 'Asian Century' and …

PM Modi's ASEAN Visit: A Journey to Rekindle the Age of Cooperation
5 months, 2 weeks ago

PM Modi's ASEAN Visit: A Journey to Rekindle the Age of Cooperation

ABP News  

Prime Minister Narendra Modi emphasizes the significance of the India-ASEAN friendship in a world facing conflict and tension. He highlights the critical role this partnership plays in promoting peace and collaboration, especially in the context of maritime disputes in the South China Sea and ongoing unrest in Myanmar.

RCEP cooperation to continue growing, forum hears
6 months ago

RCEP cooperation to continue growing, forum hears

China Daily  

MA XUEJING/CHINA DAILY Cooperation among Regional Comprehensive Economic Partnership economies will continue to flourish and create benefits for the people of the region, a forum in South China's Nanning, Guangxi Zhuang autonomous region, opined on Tuesday. RCEP allows the Association of Southeast Asian Nations to progress toward a new level of regional economic integration, laying the foundation for a thriving …

RCEP High-Level Dialogue on Economic and Trade Cooperation held in Guangxi
6 months ago

RCEP High-Level Dialogue on Economic and Trade Cooperation held in Guangxi

China Daily  

The RCEP High-Level Dialogue on Economic and Trade Cooperation was held on Monday during the 21st China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region. RCEP allows the Association of Southeast Asian Nations to progress towards a new level of regional economic integration, laying the foundation for a thriving digital economy and expanding opportunities for traders and businesses across ASEAN and …

RCEP High-Level Dialogue on Economic and Trade Cooperation held in Guangxi
6 months ago

RCEP High-Level Dialogue on Economic and Trade Cooperation held in Guangxi

China Daily  

The RCEP High-Level Dialogue on Economic and Trade Cooperation was held on Monday during the 21st China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region. RCEP allows the Association of Southeast Asian Nations to progress towards a new level of regional economic integration, laying the foundation for a thriving digital economy and expanding opportunities for traders and businesses across ASEAN and …

India, Malaysia elevate bilateral ties to comprehensive strategic partnership
7 months ago

India, Malaysia elevate bilateral ties to comprehensive strategic partnership

India Today  

India and Malaysia on Tuesday decided to elevate their ties to the level of comprehensive strategic partnership following talks between Prime Minister Narendra Modi and his Malaysian counterpart Anwar Ibrahim. We have decided that the India-Malaysia partnership will be elevated to a Comprehensive Strategic Partnership, Modi said in his media statement, adding there is a lot of potential for cooperation …

India’s transformation critical to strengthening multipolarity in Asia: Jaishankar
10 months ago

India’s transformation critical to strengthening multipolarity in Asia: Jaishankar

Hindustan Times  

NEW DELHI: India’s transformation is critical to strengthening multipolarity in Asia and the country’s growing weight will ensure the world order remains in favour of freedom, openness and transparency, external affairs minister S Jaishankar said on Friday. External affairs minister S Jaishankar speaks during the 2024 Nikkei Future of Asia Forum on May 24 In a virtual address to Nikkei …

ASEAN wants India to join RCEP for greater market access: Secretary-General Kao
1 year, 4 months ago

ASEAN wants India to join RCEP for greater market access: Secretary-General Kao

The Hindu  

Association of Southeast Asian Nations Secretary-General Dr. Kao Kim Hourn has said that the 10-member bloc of the Southeast Asian countries wants India to join the landmark Regional Comprehensive Economic Partnership for greater market access as he asserted that all partners stand to gain from the inclusive, open and rule-based trade pact. Talking to a select group of Indian journalists …

India-Malaysia Joint Commission Meeting: Reestablishment of engagement, revitalisation of old relationships
1 year, 4 months ago

India-Malaysia Joint Commission Meeting: Reestablishment of engagement, revitalisation of old relationships

Firstpost  

Economic progress lies with India, and this is where Malaysia now seems more cognisant and engaging in a fulsome manner, rather than taking a view purely based on religious strategy The India-Malaysia Joint Commission Meeting between EAM S Jaishankar and Malaysian Foreign Minister Zambry Abd Kadir took place on 7 November. But the economic progress lies with India, and this …

ASEAN-India Summit 2023: How two civilisational partners are strengthening cooperation in a transformative era
1 year, 6 months ago

ASEAN-India Summit 2023: How two civilisational partners are strengthening cooperation in a transformative era

Firstpost  

In the post-pandemic era, India-ASEAN relationship has reached an unprecedented high, with bilateral trade surging from just US$ 9 billion during their inaugural summit in 2002 to an anticipated milestone of over US$ 150 billion in 2023 From 6 to 7 September, 2023, Indonesia hosted the 43rd ASEAN Summit in Jakarta City, which included the 20th ASEAN-India Summit and the …

India-U.K. agree to continue to ‘work at pace’ towards a Free Trade Agreement
1 year, 6 months ago

India-U.K. agree to continue to ‘work at pace’ towards a Free Trade Agreement

The Hindu  

Reviewing progress on the India-U.K. Free Trade Agreement in the works, Prime Minister Narendra Modi and his British counterpart Rishi Sunak agreed that Ministers and negotiating teams would continue “to work at pace” towards an agreement. India and U.K. will keep working for a prosperous and sustainable planet,” Mr. Modi said on the social media platform ‘X’ after a bilateral …

PM Modi attends ASEAN-India Summit in Jakarta: Why this grouping matters
1 year, 6 months ago

PM Modi attends ASEAN-India Summit in Jakarta: Why this grouping matters

Firstpost  

PM Narendra Modi called the ASEAN bloc the ‘central point’ of India’s Act East Policy at the ASEAN-India Summit in Jakarta. After attending the East Asia Summit later, he will fly back to Delhi for the G20 Summit Prime Minister Narendra Modi said ASEAN is the “central point” of India’s Act East Policy. Attending the 20th ASEAN-India Summit in Indonesia’s …

India fully supports ASEAN centrality, outlook on Indo-Pacific: PM Modi in Indonesia
1 year, 6 months ago

India fully supports ASEAN centrality, outlook on Indo-Pacific: PM Modi in Indonesia

India TV News  

ASEAN-India Summit: During the 20th ASEAN-India Summit held in Indonesia on Thursday, Prime Minister reiterated support for the bloc's centrality and outlook on the Indo-Pacific region. "ASEAN is a central pillar of India's 'Act East' policy and India fully supports ASEAN centrality and the ASEAN outlook on the Indo-Pacific. During his address, PM Modi highlighted the increasing relations between India …

Engagement with ASEAN is an important pillar of India’s ‘Act East’ policy, says PM Modi
1 year, 6 months ago

Engagement with ASEAN is an important pillar of India’s ‘Act East’ policy, says PM Modi

The Hindu  

The Association of Southeast Asian Nations is an “important pillar” of India’s Act East policy, said Prime Minister Narendra Modi on Wednesday, as he departed for Indonesia to attend the 20th ASEAN-India summit and 18th East Asia Summit in Jakarta. The Comprehensive Strategic Partnership entered into last year has injected new dynamism in our ties,” said Mr. Modi in a …

India’s Act East Policy With An ASEAN Pivot - News18
1 year, 6 months ago

India’s Act East Policy With An ASEAN Pivot - News18

News 18  

Even as Prime Minister Modi is hosting the G20 Summit in a grand way with major global leaders, he made it a point to embark upon a two-day visit to Indonesia from today to attend the 20th ASEAN-India Summit and 18th East Asia Summit. Apart from the importance New Delhi attaches to its relationship with ASEAN per se, which is …

PM Modi to visit Indonesia next week for ASEAN, East Asia Summit
1 year, 6 months ago

PM Modi to visit Indonesia next week for ASEAN, East Asia Summit

Firstpost  

The forthcoming ASEAN-India Summit will be the first Summit since the elevation of ties between India and the Association of South East Asian Nations bloc of countries to a Comprehensive Strategic Partnership in 2022 Prime Minister Narendra Modi will attend the 20th ASEAN-India Summit and the 18th East Asia Summit from 6-7 September in Indonesia, the External Affairs Ministry said …

Chinese minister says India free to join RCEP trade bloc
1 year, 7 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 …

Follow ASEAN path on Myanmar, says Indonesian FM, after New Delhi engages military rulers
2 years, 3 months ago

Follow ASEAN path on Myanmar, says Indonesian FM, after New Delhi engages military rulers

The Hindu  

India and other countries should “respect” and follow ASEAN’s policy on Myanmar rather than adopting a “different” path, said Indonesian Foreign Minister Retno Marsudi. In comments to The Hindu about India’s decision to engage the Myanmar military government that came to power in February 2021 after deposing the elected National Unity Government and jailing thousands of leaders including Aung San …

Deepening of India-ASEAN Ties Reflected in Upgrade to Comprehensive Strategic Partnership on 30th Anniversary
2 years, 4 months ago

Deepening of India-ASEAN Ties Reflected in Upgrade to Comprehensive Strategic Partnership on 30th Anniversary

News 18  

India’s ASEAN relationship was upgraded to a comprehensive strategic partnership at the 19th India-ASEAN summit on November 12 in Phnom Penh, which is the capital of the current ASEAN chair Cambodia. His first engagement with a visiting delegation, upon assuming office, was with the ASEAN Inter-Parliamentary Assembly delegation in August, which was also a special event part of the 30th …

Deciphering the 19th ASEAN-India Summit
2 years, 4 months ago

Deciphering the 19th ASEAN-India Summit

Hindustan Times  

The Association of South East Asian Nations and India had the 19th Summit to commemorate the 30th Anniversary of Asean-India dialogue relations on November 12, 2022 in Phnom Penh, Cambodia. With the global economic landscape shift, Asean and India need to work more closely to explore new sources of growth and prosperity. Although trade growth both in India and Asean, …

India supports ASEAN-centrality in the Indo-Pacific region: Dhankhar
2 years, 4 months ago

India supports ASEAN-centrality in the Indo-Pacific region: Dhankhar

The Hindu  

India supports ASEAN-centrality in the evolving regional architecture in the Indo-Pacific region, said Vice-President Jagdeep Dhankhar at the 19th ASEAN-India summit in Phnom Penh, Cambodia which is commemorating the 30th anniversary of the India-ASEAN dialogue. “The cultural economic and civilisational ties that have existed between India and Southeast Asia since time immemorial provided the strong foundation to build our partnership …

India and ASEAN mark 30 years of diplomatic relations in Cambodia
2 years, 4 months ago

India and ASEAN mark 30 years of diplomatic relations in Cambodia

Live Mint  

The diplomatic relationship between India and ASEAN turned 30 this year and was marked by the ASEAN-India summit that took place today in Cambodia. It also reiterated New Delhi’s support for core principles like ASEAN centrality in the region and a joint vision for a free and open Indo-Pacific. According to a joint statement released after the summit, both sides …

India-ASEAN nations to enhance cooperation against terrorism
2 years, 4 months ago

India-ASEAN nations to enhance cooperation against terrorism

Deccan Chronicle  

NEW DELHI: With an eye on the growing Chinese military and economic assertiveness in the region, India and the 10 members of the Asean on Saturday decided to establish a comprehensive strategic partnership and enhance cooperation against terrorism. At the 19th Asean-India Summit in the Cambodian capital of Phnom Penh, that was attended by Vice-President Jagdeep Dhankhar on Saturday, India …

At HT Leadership Summit, Piyush Goyal explains why India didn't sign RCEP
2 years, 4 months 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 …

Historic trade deal: How Australia-India ‘ECTA’ is a global model
2 years, 7 months ago

Historic trade deal: How Australia-India ‘ECTA’ is a global model

Firstpost  

Recent reports suggest that the Business Council of Canada has urged the government of the north American nation to try and seal a trade deal with India on the lines of the Australia-India Economic Cooperation and Trade Agreement. The Canada business body has argued in a report that ECTA represents a great example of building business ties with India, currently …

'India Fully Supports a Strong, Unified, Southeast Asia': Jaishankar Stresses on ASEAN's Role in Geopolitics
2 years, 9 months ago

'India Fully Supports a Strong, Unified, Southeast Asia': Jaishankar Stresses on ASEAN's Role in Geopolitics

News 18  

India fully supports a strong, unified and prosperous Association of Southeast Asian Nations, External Affairs Minister S Jaishankar said on Thursday as he met foreign ministers for the ASEAN summit. India fully supports a strong, unified and prosperous ASEAN, one whose centrality in Indo-Pacific is fully recognized,” Jaishankar said. The Ministry of External Affairs said the top officials reviewed the …

India joins Biden’s new trade initiative for Indo-Pacific, negotiations to begin
2 years, 10 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 …

An assessment of EU-India ties as Modi visits Europe: Sheer political will driving strategic convergence beyond differences
2 years, 10 months ago

An assessment of EU-India ties as Modi visits Europe: Sheer political will driving strategic convergence beyond differences

Firstpost  

During a media conference last month in Washington post the 2+2 meeting, India’s external affairs minister S Jaishankar was at the receiving end of one more question on India’s buying of Russian energy, prompting him to quip: “We do buy some energy which is necessary for our energy security. Europe’s Indo-Pacific envoy landed in India to say that the EU …

India-Australia summit: CECA important for economic revival and security for both sides, says PM Modi
3 years ago

India-Australia summit: CECA important for economic revival and security for both sides, says PM Modi

Firstpost  

During the virtual summit between Prime Minister Narendra Modi and his Australian counterpart Scott Morrison, Ukraine did come up. However, the two leaders said that the focus on Indo-Pacific remains Prime Minister Narendra Modi and his Australian counterpart Scott Morrison held their second virtual summit on Monday. My remarks at the India-Australia virtual summit with PM @ScottMorrisonMP https://t.co/TLBmappqgI — Narendra …

Modi to host \'virtual\' meet of Central Asian heads on January 27
3 years, 2 months ago

Modi to host \'virtual\' meet of Central Asian heads on January 27

Deccan Chronicle  

New Delhi: Prime Minister Narendra Modi will host the first India-Central Asia Summit in “virtual” format on January 27, a day after Republic Day, with the participation of the Presidents of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. New Delhi announced on Wednesday that the leaders will take steps to take India-Central Asian ties to “newer heights” and they …

RCEP poised to boost trade, investment in Asia-Pacific
3 years, 4 months ago

RCEP poised to boost trade, investment in Asia-Pacific

China Daily  

The Regional Comprehensive Economic Partnership will facilitate trade and investment in the Asia-Pacific region, boost post-pandemic economic recovery and set an example for regional and multilateral cooperation, analysts said. The trade deal, which is designed to remove tariffs on about 90 percent of goods, will facilitate trade and investment in the region, especially as it will follow the past two …

India will witness strong economic recovery after second wave: Jaishankar
3 years, 8 months ago

India will witness strong economic recovery after second wave: Jaishankar

Live Mint  

Expressing confidence over India's economic recovery amid the COVID-19 pandemic, External Affairs minister S Jaishankar on Tuesday said that the country is exiting a second Covid-wave and will witness a strong economic recovery. Addressing the inaugural session of the first edition of the Indo Pacific Business Summit, Jaishankar pointed out that the country will "contribute to being an engine of …

Sunanda K Datta Ray | Amid pandemic, Britain, EU eye India trade deals
3 years, 10 months ago

Sunanda K Datta Ray | Amid pandemic, Britain, EU eye India trade deals

Deccan Chronicle  

On the face of it, the time hardly seems propitious for Prime Minister Narendra Modi to reach out to his foreign friends. Migration has long been a contentious issue, and British-Indians are particularly curious about the new deal’s provision for employment for 3,000 young Indian professionals annually, in return for New Delhi taking back Indian illegals in Britain. When migration …

PM Modi, Portuguese counterpart underline significance of India-EU Summit
3 years, 10 months ago

PM Modi, Portuguese counterpart underline significance of India-EU Summit

Hindustan Times  

An India-EU trade agreement would send a “powerful signal to the world in support of the benefits of international trade cooperation,” Prime Minister Narendra Modi and his Portuguese counterpart Antonio Costa said in an article. Prime Minister Narendra Modi and his Portuguese counterpart Antonio Costa called the India-EU Summit a “moment of profound geopolitical significance”. The India-EU Summit on Saturday …

In Strongest Defence of Indo-Pacific Concept, India Invokes History—And It’s the Right Move
3 years, 11 months ago

In Strongest Defence of Indo-Pacific Concept, India Invokes History—And It’s the Right Move

News 18  

External Affairs Minister S. Jaishankar stoutly defended the Indo-Pacific concept at the Raisina Dialogue 2021. Though if China had not made illegal claims in the South China Sea, took control of and militarised reefs in these waters, even creating artificial islands by dredging to extend its military reach in this space, the Indo-Pacific concept in this defensive sense, driven by …

RCEP and China: A deal that can make a difference
4 years, 3 months 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, 3 months 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, 3 months 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, 4 months 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, 4 months 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, 4 months 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, 4 months 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 …

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