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LATEST NEWS UPDATES | India should hold off on RCEP agreement -Rahul Mazumdar

India should hold off on RCEP agreement -Rahul Mazumdar

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published Published on Nov 3, 2019   modified Modified on Nov 3, 2019
-The Hindu Business Line

It should resolve its structural issues and become globally competitive before getting into such arrangements

The RCEP (Regional Comprehensive Economic Partnership), which has been under discussion since 2012 and has the potential to alter trade expressively from its pattern to global politics, is reaching a crucial stage. Shakespeare’s analogy — paraphrased — “to do, or not do”, could not have been more apt for India in the given sticky situation. The members of this plurilateral framework put the obligation on India to persuade the other 15 economies on its demands by the end of October, failing which outstanding issues would be discussed before the heads of states scheduled to meet on November 4 in Bangkok to announce the conclusion of negotiations.

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The Hindu Business Line, 1 November, 2019, https://www.thehindubusinessline.com/opinion/india-should-hold-off-on-rcep-agreement/article29856854.ece#


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