The agreement also touches on services and on protecting intellectual property
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He also said that the deal would be bigger and better with India in it
PM Modi is said to have stated that in its present form, the agreement does not fully reflect the basic spirit and the agreed guiding principles of RCEP
The comments threw new doubt over the participation of India in the China-backed 16-nation Regional Comprehensive Economic Partnership
If agreeing to RCEP means crossing those lines, I think we should wait, we should rush into an agreement that is going to have such deleterious effects on an industry, which is already crippled
New impetus to reach agreement has come from the US-China trade war, which has helped knock regional economic growth to its lowest in five years.
Not being part of the RCEP will hinder investments from many countries, thus halting its efforts to increase its integration into regional and global chains, CII said.
Deadline set to be extended by a few months
OCI card holders can enrol for NPS; 1,000 youth from Asean nations to get post-doctoral seats in IITs
She also said, instead of acknowledging the "severe slowdown" and looking for a comprehensive resolution, PM Narendra Modi is too busy "managing headlines and events"
On India-ASEAN summit, Modi said the focus will be on deepening economic partnerships
If finalised, the RCEP deal will facilitate creation of the biggest free-trade region in the world
Technically, India will have time till the end of February 2020 to sort out bilateral market access issues
Based on India's existing free-trade agreement (FTA) with Asean, the RCEP will include all the nations with which the 10-nation bloc has trade deals
Xi tells Imran Beijing will back Pak in issues related to its core interests
As many as 28 rounds of talks have been held at chief negotiators' level, and no more rounds are scheduled for now.
Sources said they pointed out added competition from Chinese cheaper goods may put pressure on domestic sales at a time international business has been under threat from Bangladesh and Vietnam
Sources have clarified that seven of the 20 negotiating chapters in the deal, while discussions on two more are technically completed
Steel, chemicals, MSME and agri ministries have also opposed deal