The World Bank has urged India to reconsider its position on RCEP. Worries about China’s overcapacity and India’s struggles with previous FTAs had led to its withdrawal in 2019.
India's stood 4th on Australia thinktank's Asia Power Index Report 2023, after US, China & Japan. Southeast Asia Program director Patton says gap between India & Japan is growing.
An 11 June meeting called by USTR Katherine Tai discussed 'launching negotiations under trade pillar', sparking fears among Indian officials that IPEF could end up as a trade agreement.
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.
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.
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.
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.
Combined sales of urea, DAP, MOP and complex fertilisers rose 25 percent in April even as Modi asked farmers to cut chemical fertiliser use by up to half to save soil and foreign exchange
Hailing from an illustrious military family, he was son of Maj Gen Amar Nath Sharma. His eldest brother Maj Som Nath Sharma is the first recipient of the posthumous Param Vir Chakra.
Our education system is a destroyer of all talent by enforcing learning by rote, pushing students to coaching classes to ‘crack’ competitive exams. And then, papers leak.
Irrespective of joining the RCEP or any other body, Indian manufacturing will never be competitive. The Indian consumer will continue to pay big money for shoddy Indian goods and the protected crony capitalist will be enriched.
India should join both RCEP and CPTPP. Vietnam is present in both. It has also concluded an FTA with the EU, something we have been struggling with for a decade. Instructive to compare its export graph with ours over the last ten years.
Irrespective of joining the RCEP or any other body, Indian manufacturing will never be competitive. The Indian consumer will continue to pay big money for shoddy Indian goods and the protected crony capitalist will be enriched.
People in comment taking about Vietnam in comment. Vietnam case is totally different from india.
Balanced article. Rather than hurry. India first need to boosting it’s own manufacturing sector.
And make them capable of global standards
India should join both RCEP and CPTPP. Vietnam is present in both. It has also concluded an FTA with the EU, something we have been struggling with for a decade. Instructive to compare its export graph with ours over the last ten years.