To the Chinese trade minister, Wang Showen, Goyal inquired whether China regretted India's decision not to join the Regional Comprehensive Economic Partnership (RCEP) trade deal
The RCEP is a proposed pact between 10 Asean economies and six others (New Zealand, Australia, China, India, Japan, and South Korea) with which the grouping currently has free-trade agreements
Among EU nations, the Netherlands has historically been the fourth biggest source of foreign direct investments (FDI) for India, pegged at $29 billion since 2000
The experts stated that the government's decision to not join this pact vindicates the concerns of domestic industry from sectors such as dairy and metal