Regional Comprehensive Economic Partnership (RCEP)

RCEP to India: Cut tariffs or exit FTA talks

  1. Ultimatum: India has been told to either agree to eliminate tariffs on most products quickly or leave the talks on the proposed FTA being negotiated by RCEP
  2. Why? India’s perceived obstructionist, defensive and half-hearted approach that is delaying the conclusion of the talks
  3. India’s protectionist stance: Focusing only on the export of manpower and not on liberalising trade in goods and other services, as well as investment
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