The Indian government does not expect to sign the Regional Comprehensive Economic Cooperation (RCEP) agreement ever, despite the open invitation from the 15-member group.
“We see more value in the trilateral Supply Chain Resilience Initiative (SCRI) to cut our dependency on China,” said a top government source commenting on the signing of the RCEP on Sunday.
“We are not going to stay out of a trade bloc,” the source said. India shall not, however, issue any statement on the signing of the RCEP deal. It is quite a political distance from last year when at about the same time in