Last opportunity

India can't afford to ignore RCEP

Topics
RCEP | Trade bloc talks | Donald Trump

The countries in the Regional Comprehensive Economic Partnership (RCEP) have again sought to determine if some agreement can be found by which India can join the trading bloc. India was supposed to be part of the grouping, which is centred around the Association of Southeast Asian Nations (Asean), but the government pulled out at the last moment when some of its demands were not met by its negotiating partners.

The government’s concerns, particularly when it comes to imports from China that may receive hidden subsidies, cannot be dismissed out of hand. Certainly, the RCEP nations and ...

First Published: Mon, June 08 2020. 00:10 IST