Priyanka Gandhi Vadra addressing a Congress rally
File photo of Priyanka Gandhi Vadra addressing a Congress rally | INCIndia Twitter
Text Size:

New Delhi: Congress leader Priyanka Gandhi Vadra claimed on Saturday that if India signs the RCEP pact it will prove to be “farmers’ destruction agreement” as in times of economic slowdown, Indian markets should provide maximum help to domestic farmers.

The Regional Comprehensive Economic Partnership (RCEP), comprising the 10-member ASEAN bloc and six other countries — India, China, Japan, South Korea, Australia and New Zealand — is engaged in negotiations for a free-trade pact.

Prime Minister Narendra Modi is in Bangkok on a three-day visit to attend the annual ASEAN-India Summit, the East Asia Summit and the RCEP Summit.

In a tweet, Priyanka Gandhi said, “There is an economic slowdown in the country. Our policy right now should be such that our markets provide maximum help to our farmers.”

In this environment, the RCEP will prove to be “farmers’ destruction agreement”, she said.

“This will gobble up all the interests of the farmers of India, and their space for selling their produce will be limited,” the Congress general secretary claimed.

The RCEP negotiations were launched by leaders from the 10 ASEAN member states and six ASEAN Free Trade Area partners during the 21st ASEAN Summit in Cambodia’s capital of Phnom Penh in November 2012.

We are deeply grateful to our readers & viewers for their time, trust and subscriptions.

Quality journalism is expensive and needs readers to pay for it. Your support will define our work and ThePrint’s future.

SUBSCRIBE NOW

The objective of launching RCEP negotiations is to achieve a modern, comprehensive, high-quality, and mutually beneficial economic partnership agreement among the ASEAN member states and the bloc’s free trade area partners.

A section of domestic industries have raised serious concerns over the RCEP deal over tariff related issues.


Also read: Last minute demands by India are jeopardising RCEP trade deal


 

Subscribe to our channels on YouTube & Telegram

News media is in a crisis & only you can fix it

You are reading this because you value good, intelligent and objective journalism. We thank you for your time and your trust.

You also know that the news media is facing an unprecedented crisis. It is likely that you are also hearing of the brutal layoffs and pay-cuts hitting the industry. There are many reasons why the media’s economics is broken. But a big one is that good people are not yet paying enough for good journalism.

We have a newsroom filled with talented young reporters. We also have the country’s most robust editing and fact-checking team, finest news photographers and video professionals. We are building India’s most ambitious and energetic news platform. And we aren’t even three yet.

At ThePrint, we invest in quality journalists. We pay them fairly and on time even in this difficult period. As you may have noticed, we do not flinch from spending whatever it takes to make sure our reporters reach where the story is. Our stellar coronavirus coverage is a good example. You can check some of it here.

This comes with a sizable cost. For us to continue bringing quality journalism, we need readers like you to pay for it. Because the advertising market is broken too.

If you think we deserve your support, do join us in this endeavour to strengthen fair, free, courageous, and questioning journalism, please click on the link below. Your support will define our journalism, and ThePrint’s future. It will take just a few seconds of your time.

Support Our Journalism

1 Comment Share Your Views

1 COMMENT

  1. Indian agriculture is passing through a difficult phase, exacerbated by soft commodity prices. However, if our farmers are unable to compete globally, there is a point beyond which the state will be unable to support them. The highly concessional supply of power to agriculture has impaired the entire sector, undermining the competitiveness of industry as well. Not joining RCEP will be a huge misstep for India.

LEAVE A REPLY

Please enter your comment!
Please enter your name here