India has decided not to sign the Regional Comprehensive Economic Partnership due to differences over tariffs, its trade deficit with other countries and non-tariff related barriers, Prime Minister Narendra Modi was quoted as saying on Monday.
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Watch India decides not to join RCEP trade deal With HD Quality.
India has decided not to sign the Regional Comprehensive Economic Partnership due to differences over tariffs, its trade deficit with other countries and non-tariff related barriers, Prime Minister Narendra Modi was quoted as saying on Monday.
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India stood its ground at RCEP negotiations and in the national interest decided not to join the China-led mega trade pact, said Commerce and Industry Minister Piyush Goyal on Tuesday. Addressing a press conference a day after conclusion of the Regional Comprehensive Economic Partnership (RCEP) summit in Bangkok, Goyal said Prime Minister Narendra Modi took a tough stand to protect the interest of the dairy sector, farmers and domestic industry.
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The National Security Committee (NSC) being chaired by Pakistan's Prime Minister Imran Khan on Wednesday decided to review diplomatic ties with India after the latter ended special status for Jammu and Kashmir by scrapping Articles 35A and 370 of its Constitution, the media reported.Pakistan's Dunya News TV channel cited sources as saying that the NSC, in the second such session within a week, is deliberating sealing the Wagah border and also to end trade and cultural ties with New Delhi.
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Sakshi Prashar from ET Online explains how concerns like trade deficit and risk to domestic industry and agriculture kept India from joining the world’s largest trading bloc, the Regional Comprehensive Economic Partnership (RCEP).
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Watch RCEP Agreement explained: Why India chose to walk away With HD Quality
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New Delhi: While speaking to ANI on Regional Comprehensive Economic Partnership (RCEP) in the national capital, the Director of China Institute in Fudan University (Shanghai) and Chinese Professor, Zhang Weiwei said, “Regional Comprehensive Economic Partnership (RCEP) is a great idea and don't need to be frightened by it.
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Watch To stay outside RCEP is mistake by India: Chinese Professor With HD Quality
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Shri Piyush Goyal's statement on India's position in the Regional Comprehensive Economic Partnership (RCEP) in Rajya Sabha 10.12.2019.
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