RCEP with China, minus India: Is the trade deal a threat or opportunity?
In this podcast, Business Standard's Subhomoy Bhattacharjee explains what is RCEP, how will it benefit member nations, why did India pull out of RCEP and more
Fifteen Asia-Pacific nations, including China, on Sunday signed the Regional Comprehensive Economic Partnership (RCEP) agreement to create the world's biggest free trade bloc. India, however, pulled out of talks last year, on concerns that the elimination of tariffs would open its markets to a flood of imports that could harm local producers.
In this podcast, Business Standard's Subhomoy Bhattacharjee explains what is RCEP, how will it benefit member nations, why did India pull out of RCEP and more
Topics :RCEPChinaIndian exportIndian EconomyRCEP dealrcep meetRCEP trade ministersIndia trade policyIndia tradeTrade dealTPP trade dealASEANAsean tradeAsean nationsFree Trade Agreementsfree trade agreementtrade protectionismImport duty hikemanufacturing
First Published: Nov 17 2020 | 6:03 PM IST