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Negotiations still unresolved, govt bets on RCEP ministers' meet on Nov 1

Among other issues, Commerce and Industry Minister Piyush Goyal will be under pressure in Bangkok to negotiate a proposed import cap for China, which has been strongly resisted by Beijing

exports, imports, trade, RCEP
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The resulting agenda prepared by the ministers will be discussed by Prime Minister Narendra Modi and other RCEP leaders in Bangkok on November 4, the official deadline for the deal.

Subhayan Chakraborty New Delhi
With negotiations on major issues such as tariff reduction and market access still unresolved, the government is betting on the November 1 meet of trade ministers from Regional Comprehensive Economic Partnership (RCEP) nations to cut through the tangle.

Among other issues, Commerce and Industry Minister Piyush Goyal will be under pressure in Bangkok to negotiate a proposed import cap for China, which has been strongly resisted by Beijing. India may now support the formal announcement of completion of talks with an ‘in-principle’ support for the deal, senior government officials hinted. It would, however, be up to New Delhi to convince

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First Published: Oct 31 2019 | 10:51 PM IST

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