Friday, 20 May, 2022
TopicRCEP

Topic: RCEP

India risks hurting its exports to RCEP countries for very reason it quit the trade bloc

Tariffs will be eliminated on at least 92% of traded goods among the 15 nations that signed the RCEP. Meanwhile, some of India’s top 10 exports will face erosion in market share.

India’s RCEP exit & lure of protectionism versus creative destruction of capitalism

In episode 625 of #CutTheClutter, ThePrint's Editor-in-Chief Shekhar Gupta talks about what RCEP is and why India chose to stay out of it.

Not signing RCEP could be one of Modi’s biggest blunders, ‘atmanirbhar’ an admission of defeat

It’s unrealistic to expect manufacturing to be 25% of India’s GDP by 2030. ‘Atmanirbhar’ concept is Nehruvian, and India’s competitiveness has to be improved.

RCEP would’ve led to flood of imports into India. Reform is a better way to boost exports

India hasn’t signed the RCEP, leading to concerns that it will get isolated. But it’s a China-centric deal that would have few advantages for India’s exports.

Modi rightly didn’t join RCEP a year ago. SE Asian states are unlikely to benefit much

Joining a China-led trade arrangement because the US is unwilling to provide an alternative is a strategic equivalent of cutting your nose to spite your face.

How will RCEP benefit member nations and what does India’s exit from the trade pact mean

New Delhi: After eight years of negotiations, 15 Asia-Pacific nations have finally signed the Regional Comprehensive Economic Partnership (RCEP), hailed as one of the...

Welcome to the might-is-right global trade era

To engage in economic coercion of your trading partners while simultaneously joining them in a new trading bloc is an appropriate emblem of our times.

15 nations sign RCEP, world’s largest regional free-trade agreement that India abandoned

PM Modi had said he pulled out over concerns about how RCEP would affect Indians' livelihoods. But India will be allowed to rejoin the pact.

World’s biggest free trade deal to be clinched this weekend as India watches from sidelines

The Regional Comprehensive Economic Partnership, which includes Australia, New Zealand & Indonesia, aims to reduce tariffs, strengthen supply chains, and codify new e-commerce rules.

India and US are ‘nearer to a smaller’ trade deal than ever before, says envoy Sandhu

Taranjit Sandhu, Indian ambassador to the US, says it’s a win-win proposition & ‘our leadership has given direction' to wrap up a smaller deal and then go in for a bigger FTA.

On Camera

YourTurn

Representative image of an ethanol-blended fuel station plug | Wikimedia Commons

Ethanol blended fuel to power vehicles. Will it hurt your car’s engine?

India’s reliance on ethanol blended fuel is only set to increase in the wake of rising crude oil prices. But are we going to adapt in time?
A shopkeeper arranges stock at a grocery store in Bengaluru | Representational image | Bloomberg Photo

Inflation raised monthly expenses of 92% Indian families in last 3 months, finds online survey

A LocalCircles poll found that 70% of respondents felt their monthly household budget increased by 10% while 55% expected expenses to go up by another 10% in the next 3 months.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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