Tuesday, 25 January, 2022
TopicRCEP

Topic: RCEP

‘Wish India joined RCEP, would like to see it back’, says South Korea trade minister Yeo Han-koo

Yeo was speaking at an ORF webinar, a day after discussing upgrade of India and South Korea’s CEPA with Commerce Minister Piyush Goyal.

With RCEP now in force, India must strengthen trade & engage with other blocs, say experts

The world’s largest trade agreement, including China and 14 other Asia-Pacific nations, came into effect on 1 January. India had quit it in 2019, fearing a glut of cheap imports.

India’s last-minute RCEP exit smart & shrewd move, former Australia PM Tony Abbott says

New Delhi and Canberra can clinch a ‘bigger rather than smaller’ early harvest trade deal by end of 2021 or early 2022, which will be followed by a larger FTA, says Tony Abbott.

Trade imbalances, then pandemic — why Modi govt changed strategy on free trade agreements

Disproportionate imports & exports as well as foreign investors’ China Plus One strategy may have pushed the Modi govt to adopt a new strategy towards FTAs, say analysts.

If we raise duties to make Indian industry competitive, we’ll end up close to 1991: Montek

In an interview to ThePrint, the ex-deputy chairperson of the erstwhile planning commission speaks on a range of issues concerning the economy — reforms, protectionism, trade, growth.

India, Japan cooperating in Bangladesh, Sri Lanka to strengthen Quad — envoy Suzuki

Ambassador Suzuki says trilateral cooperation between Japan, India & Sri Lanka in case of Colombo Port ECT has ‘significant value’.

World is warming up to China for trade. But India is left with just a handful of minilaterals

It seems China is able to impose itself as a critical business partner even at a time when countries have been grouping up against its increasing belligerence under Xi Jinping.

India’s fast economic recovery will surprise everyone in 2021-22: NITI Aayog’s Rajiv Kumar

Rajiv Kumar says Modi govt’s labour reforms and PLI scheme will boost industry and exports, and not joining RCEP won’t freeze India out of global markets.

Australia, India joint defence activities increased four-fold in 6 years, says envoy O’Farrell

Australian High Commissioner to India Barry O’Farrell says countries looking to create new & resilient supply chains, CECA trade pact will move forward.

Church ‘committed land fraud’ in Andhra, Canadian donors say will fight to repair damage

A selection of the best news reports, analysis and opinions published by ThePrint this week.

On Camera

YourTurn

Representative image of Army | ANI

Central Vista, old army uniforms—why this year’s Republic Day parade is a source of pride

Days of Mughal or British glory are over. Central Vista is Indian govt's modern structure, and uniforms are sources of pride.
A Chinese flag being raised in the Lujiazui Financial District of Shanghai | Photo: Qilai Shen | Bloomberg

India among Asian destinations for investors fleeing Chinese real estate debt crisis

Both Goldman Sachs & CreditSights consider Indian companies attractive. While the first recommends high-yield renewables, the latter considers financial firms to well shielded here.

Defence

File photo of Scorpene-class submarine 'INS Vela', at the Naval Dockyard in Mumbai | ANI

Kamov choppers, submarine torpedoes among deals defence ministry will review this week

Ministry is reviewing all procurement under the ‘Buy (Global)’ category, under which equipment is bought directly from foreign manufacturers, amid govt's 'Atmanirbhar' push.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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