Business Standard

India's role in Asia after RCEP

India's "no" to RCEP reflects one of the many opportunities it has missed to become a solid global manufacturing base

(From left) New Zealand’s Prime Minister Jacinda Ardern,  Prime Minister Narendra Modi, Chinese Premier Li Keqiang, and Thai Prime Minister Prayuth Chan-Ocha at the 3rd Regional Comprehensive Economic Partnership (RCEP) summit in Bangkok, Thailand, o
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(From left) New Zealand’s Prime Minister Jacinda Ardern, Prime Minister Narendra Modi, Chinese Premier Li Keqiang, and Thai Prime Minister Prayuth Chan-Ocha at the 3rd Regional Comprehensive Economic Partnership (RCEP) summit in Bangkok, Thailand, o

Anita Inder Singh
Where does India stand in Asia? Has its position changed after its rejection of the Regional Comprehensive Economic partnership (RCEP), which has been on Asean’s agenda since 2012? India’s absence from the Asia-Pacific Economic Conference (APEC) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) rules it out from influencing the blocs that will define Asia’s economic future. To the dismay of India’s friends, including Japan, that absence also leaves the field open for China to dominate the RCEP and to wield economic power over Asia. 

India’s “no” to RCEP reflects one of the many opportunities it has missed to
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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