Business Standard

RCEP deal: India seeks more concessions; dairy sector may be kept out

Commerce and Industry Minister Piyush Goyal is expected to leave on Friday for the last planned trade ministers' meet on RCEP.

Piyush Goyal
Premium

Commerce and Industry Minister Piyush Goyal

Subhayan ChakrabortySanjeeb MukherjeeArchis Mohan New Delhi
As negotiations on the Regional Comprehensive Economic Partnership (RCEP) free trade agreement reach a decisive stage, while sticking to the broader contours of the agreement, India is looking to extract greater concessions from China. It is also  considering whether to insist that dairy be kept out of the negotiations for the time being to protect the interests of farmers.
Sources said the decision to stick to the multi-country negotiations and not abandon it at this stage was taken at a recent review meeting chaired by Prime Minister Narendra Modi.

Increasingly, sectors such as apparels and MSMEs have turned  vocal against the
Topics : RCEP deal

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in