The basic building block of the proposed RCEP - the Asean FTA - continues to be one-sided
India remains concerned that the China-dominated RCEP would be disadvantageous to its farmers and MSMEs.
Officials of both the nations have been in touch with other partners in the free-trade agreement and were the real force behind the RCEP nations deciding to keep the door open for India
He also said that if India had joined the Regional Comprehensive Economic Partnership (RCEP), farmers, labourers and industries would have been adversely affected
While at the fundamental level, India has several factors in its favour to make it a preferred investment destination, it needs to do more to attract investments
India's "no" to RCEP reflects one of the many opportunities it has missed to become a solid global manufacturing base
India needs an apex body for trade negotiations
The conflicting viewpoints on RCEP bring out the need for evidence-based policy-making and information sharing
I was disappointed when India decided to opt out of the RCEP. We had all the time in the world to negotiate and get a good deal for ourselves
The basic building bloc of the proposed RCEP - the Asean FTA - continues to be one-sided
We urgently need an institutional reform for trade policy. We need our PM to directly be involved with the new institutions.
Some experts, in addition to the government, have maintained that the reason for the walkout is India's adverse trade balance. However, many critics view this as a protectionist step
Many factors have contributed to the doubts about our ability to reap the benefits under RCEP
Here's a selection of Business Standard Opinion pieces for the day
Minister also scheduled to meet US medical devices' association
If we go on being inward-looking, how will the system open up? Those that are not competitive locking competitive ones out of markets cannot be a way to get to the $5-trn dream, writes T N Ninan
Asked about India's stand on RCEP, MEA Spokesperson Raveesh Kumar said India's concerns and requests are available with the other 15 RCEP members.
Here's a selection of Business Standard Opinion pieces for the day
What is the reason for sudden change of mind and deciding to not join RCEP?
Talks with major economies like the EU and US, among others, on trade and investment deals are stuck on similar issues