Jul 06, 2021 04:52 PM IST
India’s opting out of the RCEP despite two QUAD members pushing for it goes against New Delhi’s Indo-Pacific and North East Region development goals
- Jan 25, 2021 03:40 PM IST
It’s not the trade barriers which are holding up our exports, but our poor understanding of dynamic global trends and little investment in market research and product development
- Dec 08, 2020 01:23 PM IST
India-US trade would certainly improve because President Trump was more protectionist while Biden is not. So it will definitely come to our advantage. Our trade will improve clearly under the Biden dispensation, FIEO President Sharad Saraf said.
- Nov 19, 2020 06:21 PM IST
China and 14 other Asia-Pacific nations signed the RCEP on November 15. Stating that China-backed trade agreement failed to address India's concerns, the latter opted out of it in November last year. India had mentioned that RCEP trade agreements were a threat to the circumvention of rules of origin due to tariff differentials.
- Nov 17, 2020 01:32 PM IST
Asia Pacific nations including China, Japan and South Korea have signed the world’s largest regional free-trade agreement sans India. What does it mean for India? Let’s find out in this edition of 3-Point Analysis.
- Nov 17, 2020 08:12 AM IST
It is understandable that India at the current juncture will not want to be part of a trade grouping whose natural leader is China. But in order to partake of the gains from trade, it can nter into bilateral trade pacts
- Nov 15, 2020 08:01 PM IST
Stating that China-backed Regional Comprehensive Economic Partnership, or RCEP, failed to address India's concerns, it had opted out of it last year. India had mentioned that RCEP trade agreements were a threat to the circumvention of rules of origin due to tariff differentials
- Nov 15, 2020 05:57 PM IST
India pulled out the Regional Comprehensive Economic Partnership, or RCEP, last year over concerns about cheap Chinese goods entering the country
- Jun 05, 2020 11:58 AM IST
Standing up for Hong Kong is in India's interest — both economically and diplomatically
- Feb 04, 2020 10:25 AM IST
A budget alone cannot restore growth or consumer confidence. The gaps have to be identified, budget announcements have to be implemented and supported by right polices, funds, schemes and programmes.
- Jan 20, 2020 12:30 PM IST
The US-China deal would, at least temporarily, arrest further decline of the global trade scenario and may even stop multiplication of negativity in a recessionary setting.
- Jan 16, 2020 07:25 PM IST
The 15 RCEP countries together accounted for 57 per cent or $105 billion of India's overall trade deficit in FY19, with China itself contributing to $54 billion of this.
- Dec 17, 2019 02:35 PM IST
On November 4, Prime Minister Narendra Modi announced in Bangkok that India will not join RCEP as negotiations failed to address New Delhi's "outstanding issues and concerns".
- Dec 16, 2019 08:43 PM IST
'This decision will help vulnerable sectors including farmers and the dairy sector as well as small manufacturers, who would have been threatened by RCEP rules,' the ministry said in a statement highlighting its initiatives and achievements of the 2019 year.
- Dec 16, 2019 12:12 PM IST
In a growing era where countries are inclined to flout the WTO rules and their own commitments, the uncertainty is a case for concern for developing countries like India.
- Dec 14, 2019 08:40 AM IST
ASEAN and India economies should continue to uphold an open and inclusive strategic outlook, Indonesian Foreign Minister Retno Marsudi said
- Dec 11, 2019 10:45 AM IST
Among the FTAs which have affected Indian domestic industry adversely, the India-Korea CEPA, signed in 2009, has been significant. India had a trade deficit with South Korea of around $4.5 billion in 2009, and increased to $11.5 billion in 2018.
- Dec 01, 2019 04:41 PM IST
After years of negotiations, India last month pulled out of the proposed RCEP over unresolved "core concerns" at a summit meeting of the participating countries, saying the proposed pact in its current form would have adverse impact on lives and livelihoods of all Indians.
- Nov 29, 2019 09:22 AM IST
The Regional Comprehensive Economic Partnership (RCEP) is a mega free-trade agreement (FTA) which was negotiated by 16 countries, including India and China.
- Nov 26, 2019 06:06 PM IST
India needs to proactively look at completing bilateral trade agreements it has initiated with many countries.
- Nov 19, 2019 12:20 PM IST
External Affairs Minister S Jaishankar and Commerce and Industry Minister Piyush Goyal briefed BJP MPs on the issues in the parliamentary party's first meeting in the Winter session.
- Nov 18, 2019 11:51 AM IST
With or without the RCEP, the challenge is for India to develop the capability to prevent the influx of Chinese goods.
- Nov 16, 2019 03:30 PM IST
During the recent ASEAN meeting in Bangkok, India did not reach an agreement on negotiations to sign the multi-lateral free trade agreement RCEP, while 15 countries China, Japan, South Korea, New Zealand, Australia and ASEAN members agreed to ink the pact.
- Nov 15, 2019 04:05 PM IST
He also said that if India had joined the Regional Comprehensive Economic Partnership (RCEP), farmers, labourers and industries would have been adversely affected.
- Nov 09, 2019 08:54 AM IST
Watch the video to get a complete understanding of what is RCEP and why India decided not to be part of the free-trade agreement.