India did not join the Regional Comprehensive Economic Partnership (RCEP) trade agreement because it would have had “negative consequences”, although the country is interested in a “fair and balanced” free trade pact with the European Union (EU), Minister of Affairs Foreign S Jaishankar said on Wednesday. New Delhi had indicated …
Read More »Leaving RCEP was a shortsighted decision, says former Foreign Secretary Shyam Saran
Regardless of concerns, it may have been better to address those inside the store than outside, he says. The Regional Comprehensive Economic Association (RCEP), a trading bloc of 15 countries, including the 10 ASEAN members China, Japan, South Korea, Australia and New Zealand, was signed on November 15 without India, …
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