RCEP

Tuesday, Apr 16, 2024 | Last Update : 12:48 PM IST

The decline in share of foreign trade in national income is mirrored in the decline in India’s share of world exports. In short, the record of the Narendra Modi government in the realm of foreign trade -- both policy and performance -- has been disappointing, especially compared to what was achieved in the preceding decade.n(File Image: AFP)

Sanjaya Baru | A widening gulf: India’s trade policy needs a fix

India's foreign trade performance has declined under the Modi government, reflecting policy shifts and missed opportunities

04 Mar 2024 12:00 AM

The RCEP that was signed into existence in Hanoi on November 15 can’t be seen in isolation as a one-time landmark wishlist for commerce, trade, investment or collective prosperity, etc.

Abhijit Bhattacharyya | RECP: Why India must be firm on staying out

What India has done about the RCEP is perfect. It couldn’t be otherwise

26 Nov 2020 4:29 AM

All the hopes pinned on Prime Minister Modi’s “AtmaNirbhar Bharat” and “Make in India” drives would have been eviscerated had we been in RCEP.

Sreeram Chaulia | Beyond the RCEP: India matters in Indo-Pacific

Since the signing of the RCEP agreement, criticism of India for sitting out the mega free trade pact has arisen in some quarters

23 Nov 2020 11:54 PM

The leaders of the representating nations of RCEP attending the ASEAN summit in Hanoi. (AFP)

RCEP shifts Indo-Pacific dynamics, blow to Delhi

The signing of the Regional Comprehensive Economic Partnership has significantly altered the Indo-Pacific strategic environment

17 Nov 2020 11:46 AM

Current economic slowdown episodic, says N K Singh

India's economic growth hit a six-year low of 5 per cent in the first quarter of the current fiscal.

15 Nov 2019 5:01 PM

After RCEP, what’s the road ahead?

An astonishingly ambitious plan of action without doubt, RCEP invariably had to have its bumps.

15 Nov 2019 12:43 AM

Had India become a part of the bloc, it would have had the third highest GDP just below Japan and above South Korea, and tied with South Korea for the third highest global trade.

India dodges RCEP, but can’t avoid Reforms 2.0

Exports to China account for just around 15 per cent, while another 11 per cent go to other destinations in East Asia.

08 Nov 2019 2:31 AM

Abhijit Banerjee, this year’s Nobel laureate in Economics

‘India may have walked out of RCEP too early’

The nature of the bureaucratic beast is a bit against the spirit of doing something long term.

08 Nov 2019 1:45 AM

The UPA's decision to engage with RCEP nations and the Congress' advice to the Modi government to not sign the trade deal were both correct as the difference between 2012 and 2019 is the "parlous" state of the economy, senior party leader P Chidambaram said on Thursday. (Photo: File)

Difference between 2012 and 2019 is 'parlous' state of economy: Chidambaram on RCEP

Chidambaram, in a tweet posted by his family on his behalf, said the UPA's decision in 2012 to engage with RCEP countries was correct.

07 Nov 2019 11:04 AM

Prime Minister Narendra Modi is welcomed by the Indian community in Bangkok on Saturday. (Photo: PTI)

Prudence wins as govt stays out of RCEP

There is a lurking fear among many of the “10 plus 6” — the 10 Asean countries and six of their partners — that China will seek to dominate RCEP.

06 Nov 2019 12:09 AM

Foreign Ministry spokesman Geng Shuang said 'India has significant outstanding issues, which remain unresolved. All RCEP Participating Countries will work together to resolve these outstanding issues in a mutually satisfactory way. India's final decision will depend on satisfactory resolution of these issues.' (Photo: File | PTI)

'Will resolve outstanding issues raised by India for not joining RCEP': China

PM Modi on Monday conveyed India's decision not to join RCEP deal at a summit meeting of the 16-nation bloc.

05 Nov 2019 5:36 PM

'Had India entered into RCEP, the market would have flooded with imported products. The agreement would have adversely affected the interests of the local farmers and medium level industrialists Vice Chairman of Agriculture Mission MVS Nagi Reddy said. (Photo: ANI)

India opting out of RCEP breather for agricultural and industrial sectors: YSRCP

India announced not to join China-backed RCEP as its key concerns and non-tariff barriers could not be resolved.

05 Nov 2019 3:08 PM

In his speech, Modi said the present form of the RCEP Agreement did not fully reflect the basic spirt and the agreed guiding principles of the RCEP. (Photo: FIle)

'Not signing RCEP reflects Modi's strong leadership,' says Amit Shah

In series of tweets, Shah said decision will ensure support to India's farmers, MSME sector, dairy and manufacturing sectors, among others.

05 Nov 2019 8:33 AM

"As BJP and Sh. Amit Shah indulge in fake credit seeking today, let them remember that Congress' forceful opposition made them back down," he claimed. (Photo: File)

Congress claims victory after India decides not to join RCEP

Congress chief spokesperson Randeep Surjewala said it is a win for all those protecting national interests.

05 Nov 2019 8:16 AM

The Prime Minister had said earlier that India remains committed to a comprehensive and balanced outcome of RCEP negotiations and seeks balance across goods, services and investments and also within each pillar. (Photo: ANI)

India decides against joining RCEP as key concerns remain unaddressed

The sources said there will no compromise on the country's core interests.

04 Nov 2019 7:41 PM

Plans to finalise an Asia-wide trade deal at a summit in Bangkok this weekend were uncertain after new demands raised by India in the negotiations to create the world's largest trading bloc. (Photo: Twitter/ MEA)

'Asian trade deal RCEP on track,' says Thailand amid concerns raised by India

A major sticking point has been demands from India, which is worried about a potential flood of Chinese imports.

04 Nov 2019 10:16 AM

Going into this weekend's summit of the Association of Southeast Asian Nations (ASEAN) in Bangkok there had been hopes of finalising negotiations this year on the 16-nation Regional Comprehensive Economic Partnership (RCEP). (Photo: MEA Twitter)

Thailand says new Asian trade deal to be signed in Febraury 2020

India has held on to its demands of amicable resolution of market access and tariff related issues.

04 Nov 2019 8:26 AM

BJP ‘brokered’ J-K spin fails; Cong revises stand on RCEP

There were some reservations about opposing the RCEP as the trade pact was initiated by the Manmohan Singh government.

04 Nov 2019 12:10 AM

India, which has raised some tariffs under Prime Minister Narendra Modi, has long been the main holdout on an RCEP deal due to strong domestic opposition from several quarters over fears of Chinese goods flooding the country.

RCEP: Make it or break it

RCEP is a proposed free trade agreement between the 10-member states of the Asean and its six FTA partners.

03 Nov 2019 5:21 AM

Jairam Ramesh has listed RCEP as the third big jolt to the economy after demonetisation and the GST. (Photo: File)

Cong sees chance to expose BJP govt’s poor economics

Beginning Nov. 5, it will start a countrywide stir on unemployment, agrarian distress, downturn and RCEP.

03 Nov 2019 5:15 AM

1 of 2

Columns

Aakar Patel