International diplomacy is not a zero-sum game. The principle holds equally good for geo-economics. It is now acknowledged by national finance ministers and central bank heads that ‘trade tensions’ are holding back growth. In the midst of dramatic deceleration, Indian policy makers find themselves in a dilemma to address impact of global slowdown, internal growth challenges, having used most of the monetary and fiscal fire power to stoke demand. The attention is now on India’s approach towards FTA’s in general and, RCEP in particular.
Can India set the agenda
The incumbent government - since the beginning of its first term - has
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