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RCEP talks: Civil society concerned over tariff cuts, investment norms

Measures could increase chances of foreign firms initiating legal action against India

RCEP talks: Civil society concerned over tariff cuts, investment norms
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Subhayan Chakraborty New Delhi
Possible cutdowns in agricultural tariffs and investment may increase chances of foreign firms initiating legal actions against India, several civil society groups said while flagging off a number of serious concerns over the ongoing negotiations for the Regional Comprehensive Economic Partnership (RCEP).

On Wednesday, civil society groups across a wide spectrum of industries laid forth a host of concerns regarding the 19th round of RCEP negotiations, which began on Tuesday in Hyderabad.

The RCEP is a proposed free trade agreement (FTA) between the 10 countries of the Association of Southeast Asian Nations (Asean) and six others with which this bloc has FTAs with