RCEP meet: Despite concerns of dumping by China, CII bats for deal

Not being part of the RCEP will hinder investments from many countries, thus halting its efforts to increase its integration into regional and global chains, CII said.

India runs the risk of being cut off from the economies in Southeast Asia and beyond if it says no the proposed Regional Comprehensive Economic Partnership (RCEP) deal, industry body Confederation of Indian Industry (CII), said. 

Prime Minister Narendra Modi will sit down with RCEP leaders on Monday, the official deadline for the deal to be finalised. But India has pointed out its displeasure with regards to services trade, market access and safeguards on dumping by China.

Not being part of the RCEP will hinder investments from many countries, thus halting its efforts to increase its integration into regional and global chains,