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 clear that the IPEF would not be a “free trade agreement”, nor are countries expected to discuss reducing tariffs or increasing market access. “I would say, especially as businesses are beginning to increasingly look for alternatives to China, the countries in the Indo-Pacific Framework will be more reliable partners for U.S. businesses.” U.S. Trade Representative Katherine Tai also said that the IPEF would be different from the original Trans-Pacific partnership as the U.S. was “unable to deliver on the plan”, indicating hurdles in the U.S. Congress, where any trade concessions are seen in an increasingly unfavourable light. “The Indo-Pacific Economic Framework, or IPEF, is part of President Biden’s commitment to putting American families and workers at the centre of our economic and foreign policy, while strengthening our ties with allies and partners for the purpose of increasing shared prosperity,” Mr. Sullivan told journalists.

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History of this topic

India strongly pushing for review of Asean-India trade pact, says Jaishankar
2 weeks, 4 days ago

India strongly pushing for review of Asean-India trade pact, says Jaishankar

Hindustan Times  

NEW DELHI: India has been pressing the Association of Southeast Asian Nations for the review of the Asean-India Trade in Goods Agreement because of concerns about its impact on the development of domestic manufacturing, external affairs minister S Jaishankar said on Thursday. External affairs minister S Jaishankar addresses the ASSOCHAM Bharat@100 Summit Fireside Chat on 'Enhancing Bharat’s global partnerships' in …

Time to reset the Indo-Pacific Oceans Initiative
1 month 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
1 month, 1 week 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 Geopolitical Gambit: Strengthening the Indo-Pacific Link in the Quad Framework
1 month, 2 weeks ago

India's Geopolitical Gambit: Strengthening the Indo-Pacific Link in the Quad Framework

The Hindu  

The strengthening of the India link in the Indo-Pacific Economic Framework for Prosperity (IPEF) is a significant development that signifies New Delhi's commitment to a more inclusive and sustainable economic future for the region. The framework's focus on inclusive growth, environmental sustainability, and fair economic competitiveness aligns with India's domestic vision and foreign policy ambitions of a multipolar world. The …

India’s transformation critical to strengthening multipolarity in Asia: Jaishankar
6 months, 4 weeks 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 …

Biden administration's restrictive trade initiative fails to gain traction in Asia-Pacific: China Daily editorial
10 months, 2 weeks ago

Biden administration's restrictive trade initiative fails to gain traction in Asia-Pacific: China Daily editorial

China Daily  

Reports that talk over the "Indo-Pacific" Economic Framework for Prosperity have stalled suggest the United States' efforts to use the new economic agreement among 14 Asia-Pacific countries to counter China on the economic front in the region have basically failed. Launched by Washington in May 2022, the Joe Biden administration's first major trade and economic initiative came with much fanfare …

After APEC: Whither US Leadership on Trade?
11 months, 2 weeks ago

After APEC: Whither US Leadership on Trade?

The Diplomat  

For the United States, the November meeting of APEC was widely seen as an opportunity to demonstrate its leadership and long-term commitment to the organization and the Asia-Pacific region. Southeast Asian governments’ skepticism was likely reinforced by high expectations derived from their constructive experiences in other, more open regional trade agreements not involving the United States – including the Regional …

India and Japan Converge in Southeast Asia
1 year, 1 month ago

India and Japan Converge in Southeast Asia

The Hindu  

Upon dropping a series of Chinese-led infrastructure projects due to sustainability and geopolitical concerns, the Philippines is now redirecting its attention to Japan and India as alternative sources of development and security. Thus, Japan and India’s bolstered engagements in Southeast Asia complement the interest of resident countries like the Philippines to lessen their susceptibility to China’s expanding economic clout and …

India, U.S., 12 other IPEF members ink supply chain resilience agreement
1 year, 1 month ago

India, U.S., 12 other IPEF members ink supply chain resilience agreement

The Hindu  

India, the U.S. and 12 other members of the Indo-Pacific Economic Framework For Prosperity grouping have signed a supply chain resilience agreement that would provide benefits such as potential shifting of production centres in critical sectors and mitigating risks of economic disruptions from supply chain shocks. On the social networking platform X, on November 15, Mr. Goyal said: "India joins …

Chinese minister says India free to join RCEP trade bloc
1 year, 3 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 …

India, Asean Agree To Conclude Negotiation For FTA Review In 2025
1 year, 4 months ago

India, Asean Agree To Conclude Negotiation For FTA Review In 2025

ABP News  

India and the ten-bloc Asean have agreed to fast track the negotiations for the review of the existing free trade agreement in goods between the two regions and conclude the talks in 2025, stated an official statement on Monday. The main agenda of this year’s meeting was a timely review of the ASEAN-India Trade in Goods Agreement which was signed …

This strategic-economic bloc will only tighten the leash
1 year, 7 months ago

This strategic-economic bloc will only tighten the leash

The Hindu  

In November 2019, India walked out from the trade pact called the Regional Comprehensive Economic Partnership involving China, Japan, South Korea, Australia, New Zealand and the 10-state Association of Southeast Asian Nations grouping. With China, the big economic fear was any trade deal’s impact on India’s manufacturing sector; of cheap Chinese goods flooding Indian markets. Strategic partnership should not mean …

India in the Indo-Pacific: Pursuing prosperity and security
2 years ago

India in the Indo-Pacific: Pursuing prosperity and security

Hindustan Times  

Recently in Tokyo, United States President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity with a dozen initial partners. Prime Minister Modi at the announcement of IPEF highlighted India’s commitment to development, peace and prosperity in the Indo-Pacific region. The importance of the Indo-Pacific region in India’s foreign policy cannot be understated. There is growing convergence of global powers …

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 …

In Search of a US Trade Roadmap Beyond IPEF
2 years, 2 months ago

In Search of a US Trade Roadmap Beyond IPEF

The Diplomat  

The first in-person ministerial meeting since the Indo-Pacific Economic Framework was launched, a Los Angeles gathering in early September, was a success from Washington’s perspective. As Commerce Secretary Gina Raimondo and U.S. Trade Representative Katherine Tai welcomed trade ministers from the 13 IPEF member countries, the meeting went beyond simply being a good photo op to visualize the framework’s union. …

EAM Jaishankar meets US Commerce Secretary Gina Raimondo, discusses Indo-Pacific Economic Framework
2 years, 2 months ago

EAM Jaishankar meets US Commerce Secretary Gina Raimondo, discusses Indo-Pacific Economic Framework

Firstpost  

The talks between the two ministers also covered resilient supply chains, high technology cooperation, semiconductors and business promotion in Washington. Jaishankar is in the US on a 10-day visit to hold bilateral consultations with several US cabinet ministers Washington: External Affairs Minister S Jaishankar met with Commerce Secretary Gina Raimondo on Monday and discussed Indo-Pacific Economic Framework alongside high technology …

India Not Part Of IPEF's Trade Pillar, Piyush Goyal Says Delhi Will Wait For Final Contours To Be Decided
2 years, 3 months ago

India Not Part Of IPEF's Trade Pillar, Piyush Goyal Says Delhi Will Wait For Final Contours To Be Decided

ABP News  

Union Minister for Commerce and Industry Piyush Goyal during the Indo-Pacific Economic Framework ministerial meet in Los Angeles on Saturday, September 10, said India will wait for final contours to be decided before formally joining the trade pillar. Therefore, India, while continuing to engage with the trade track in the IPEF, will wait for final contours to be decided before …

India not part of Indo-Pacific Economic Framework trade pillar; broader consensus yet to emerge among nations
2 years, 3 months ago

India not part of Indo-Pacific Economic Framework trade pillar; broader consensus yet to emerge among nations

India TV News  

India has not agreed to the commitments of the trade pillar of the 14-member Indo-Pacific Economic Framework as broader consensus has so far not emerged on certain issues like environment, labour and public procurement. All the other 13 Indo-Pacific Economic Framework for prosperity countries have joined the four pillars -- trade, supply chains, clean economy, and fair economy. While India …

Historic trade deal: How Australia-India ‘ECTA’ is a global model
2 years, 4 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 …

In IPEF, Pax America Redux?
2 years, 5 months ago

In IPEF, Pax America Redux?

The Diplomat  

There’s a return to 20th century certainty in U.S. foreign policy these days, not least with the return of Russia as a challenger to democracy and stability in the global order. Asia is no exception, and the Biden administration’s latest effort to further integrate the United States into the architecture of the Indo-Pacific has largely been welcome. In late May, …

The Indo-Pacific Economic Framework (IPEF): An Asean perspective
2 years, 5 months ago

The Indo-Pacific Economic Framework (IPEF): An Asean perspective

Hindustan Times  

The Indo-Pacific Economic Framework was launched by United States President Biden in Tokyo on May 23, 2022. After former US President, Donald Trump decided to walk away from the Trans-Pacific Partnership, the US’s Indo-Pacific strategy lacked a certain geo-economic heft and that made it very less attractive to many Asean countries like Indonesia, Singapore, Malaysia. If we don’t join, we …

Why India Which Refused to Join RCEP is Willing to be a Part of US-led IPEF
2 years, 6 months ago

Why India Which Refused to Join RCEP is Willing to be a Part of US-led IPEF

News 18  

The Quad leaders have met for the fourth time in just over a year, indicating that this four-nation club is taking on a more institutional character. The Indo-Pacific Economic Framework, the Indo-Pacific Partnership for Maritime Domain Awareness, the Quad Partnership on Humanitarian Assistance and Disaster Relief in the Indo-Pacific, the Quad Climate Change Adaptation and Mitigation Package, the Quad Debt …

'Working Together for Common Development'—Plenary session of the CIRD Forum
2 years, 6 months ago

'Working Together for Common Development'—Plenary session of the CIRD Forum

China Daily  

Ong Tee Keat, former minister of transport of Malaysia and currently president of the country's Center for New Inclusive Asia, made a speech at RCEP Media & Think Tank Forum on Sunday. 'Working Together for Common Development'—Plenary session of the CIRD Forum RCEP-- Prospects amid the arising challenges Under the theme of "Working together for common development," this year's RCEP …

Explained | Is Indo-Pacific economic bloc limited in scope?
2 years, 6 months ago

Explained | Is Indo-Pacific economic bloc limited in scope?

The Hindu  

The story so far: The launch this week of U.S. President Joseph Biden’s new trade initiative for the region, the Indo-Pacific Economic Framework for Prosperity, which was witnessed by leaders of 13 countries, including Prime Minister Narendra Modi, was heralded as the start of a new economic bloc in the region, one which could be seen as a counter to …

Explained | What is the Indo-Pacific Economic Framework for Prosperity?
2 years, 6 months ago

Explained | What is the Indo-Pacific Economic Framework for Prosperity?

The Hindu  

The story so far: On Monday, India agreed to be a part of the Indo-Pacific Economic Framework for Prosperity, a U.S.-led economic grouping comprising 12 countries. Prime Minister Narendra Modi, who was in Japan for the Quad Summit, joined U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida and leaders of ten countries at the launch of the framework in …

Caution and clarity: The Hindu Editorial on the U.S.-led Indo-Pacific Economic Framework for Prosperity
2 years, 6 months ago

Caution and clarity: The Hindu Editorial on the U.S.-led Indo-Pacific Economic Framework for Prosperity

The Hindu  

In a sudden decision not previously intimated, India became one of a 13-nation economic initiative led by the U.S., on Monday, as President Joseph Biden unveiled plans for an Indo-Pacific Economic Framework for Prosperity. The initiative is touted as a substantial step by the U.S. as part of its decade-old “pivot to Asia”, and an attempt at putting some “economic …

India joins US-led IPEF for trade in Indo-Pacific
2 years, 7 months ago

India joins US-led IPEF for trade in Indo-Pacific

Deccan Chronicle  

New Delhi: In the presence of United States President Joe Biden in Tokyo, Prime Minister Narendra Modi on Monday announced India’s partnership in the Indo-Pacific Economic Framework for Prosperity, the US-led economic initiative that has on board the four Quad partners apart from South Korea and New Zealand and seven of the 10 Southeast Asian nations. Modi said that the …

QUAD Meet: What Is Indo-Pacific Economic Framework & How Does It Concern India?
2 years, 7 months ago

QUAD Meet: What Is Indo-Pacific Economic Framework & How Does It Concern India?

The Quint  

While an analysis of the full details is yet to be done, the IPEF appears to be an alternative to the Trans-Pacific Partnership, which the US quit in 2017 under its former president, Donald Trump. The objective would be to establish a platform that would see separate negotiations among participants on varying issues of interest, taking into account their individual …

The Problem With IPEF
2 years, 7 months ago

The Problem With IPEF

The Diplomat  

It’s no secret that the Biden administration has been sorely lacking a strategic economic vision for Asia. The core weakness of the Biden administration when it comes to economic leadership has been the inability of the United States to sign onto existing mega-trade deals. The real weakness of the Biden administration’s Indo-Pacific Economic Framework, and what marks its lack of …

Biden launches economic framework aimed at countering China
2 years, 7 months ago

Biden launches economic framework aimed at countering China

Al Jazeera  

US President Joe Biden officially launched his long-awaited economic framework aimed at countering growing Chinese influence in Asia, announcing 12 Asia-Pacific partners who will work on common standards in areas including clean energy and infrastructure. “This framework should drive a race to the top.” The framework represents Biden’s latest attempt to boost engagement in the Asia-Pacific following then President Donald …

US announces new Indo-Pacific Economic Framework to counter China, India signatory
2 years, 7 months ago

US announces new Indo-Pacific Economic Framework to counter China, India signatory

India TV News  

Highlights The White House says this will help the United States work more closely with Asian economies Issues including supply chains, digital trade, clean energy, anticorruption efforts can be discussed Along with the United States, the other 11 countries represent 40% of world GDP President Joe Biden on Monday launched the Indo-Pacific Economic Framework -- a new trade deal with …

Biden To Unveil IPEF In A Bid To Counter China's Economic Clout In Indo-Pacific
2 years, 7 months ago

Biden To Unveil IPEF In A Bid To Counter China's Economic Clout In Indo-Pacific

News 18  

The US president Joe Biden is expected to unveil the Indo-Pacific Economic Framework next week when he visits Tokyo for meeting prime minister Fumio Kishida and prime ministers of QUAD nations. The IPEF is the Biden administration’s tool to grow its trade footprint in the Indo-Pacific after former US president Donald Trump withdrew from the Trans-Pacific Partnership, a 12-nation deal, …

‘Difficult to believe’: Biden’s economy plan a tough sell in Asia
2 years, 7 months ago

‘Difficult to believe’: Biden’s economy plan a tough sell in Asia

Al Jazeera  

US president’s arrival in Seoul will mark start of effort to promote new Indo-Pacific Economic Framework in region. Though many of the Indo-Pacific Economic Framework’s details have yet to be finalised, the Biden administration has made one point clear – the plan is not a traditional trade agreement that will lower tariffs or otherwise open access to US markets, but …

RCEP poised to boost trade, investment in Asia-Pacific
3 years, 1 month ago

RCEP poised to boost trade, investment in Asia-Pacific

China Daily  

By ZHAO RUINAN| China Daily| Updated :2021-11-24 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 …

RCEP poised to boost trade, investment in Asia-Pacific
3 years, 1 month 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 …

Piyush Goyal pushes for ASEAN FTA renegotiation
3 years, 2 months ago

Piyush Goyal pushes for ASEAN FTA renegotiation

The Hindu  

Commerce and Industry Minister Piyush Goyal called for a renegotiation of the India-ASEAN free trade agreement, to prevent its misuse by ‘third parties’ and remove trade restrictions as well as non-tariff barriers that he said have hurt Indian exports disproportionately since the pact was operationalised in 2010. “India is currently witnessing exponential growth in imports from the ASEAN region, while …

India, UK eye interim pact to help clinch major trade deal
3 years, 6 months ago

India, UK eye interim pact to help clinch major trade deal

Live Mint  

India and the UK are intensifying talks to remove non-tariff barriers and foster greater market access as they work to stitch together the South Asian nation’s first major free trade pact in a decade. The two countries have zeroed in on a list of achievable items that would help the UK showcase the benefits of leaving the European Union while …

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 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 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 …

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, ASEAN, other Asian nations sign world's biggest trade deal, India withdrew last year
4 years, 1 month ago

China, ASEAN, other Asian nations sign world's biggest trade deal, India withdrew last year

India TV News  

China and 14 other Asian countries have agreed to form the world's largest free-trade bloc with nearly a third of all economic activity. The Regional Comprehensive Economic Partnership, or RCEP, was signed virtually on Sunday on the sidelines of the annual summit of the 10-nation Association of Southeast Asian Nations. "RCEP will soon be ratified by signatory countries and take …

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 …

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