Domestic industry is unsure of benefits of deal, govt tells RCEP nations

India has told the Association of Southeast Asian Nations (Asean) bloc of member countries that the domestic industry is unsure of the benefits of the Regional Comprehensive Economic Partnership (RCEP) deal, currently being negotiated.
 
In its most direct statement on the matter ever since talks began, India on Tuesday told Asean nations that the domestic industry is not convinced that the proposed RCEP deal will create a ‘win-win situation for all’ by ensuring balanced outcomes for both goods and services.
 
This was communicated by Commerce and Industry Minister Piyush Goyal at a meeting with his counterparts from Thailand