The Regional Comprehensive Economic Partnership, which includes Australia, New Zealand & Indonesia, aims to reduce tariffs, strengthen supply chains, and codify new e-commerce rules.
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.
India has decided it won’t join any trade deal that has China as a member. But RCEP member nations are likely to sign deal despite Beijing’s belligerence.
In an interview to ThePrint, envoy Pham Sanh Chau said Vietnam will facilitate India's entry into RCEP at a later stage, ‘which is at the most comfortable time for India’.
Modi govt has been working on a multi-pronged strategy since walking out of RCEP last year. LAC incident has only pushed the process, says top official.
There is no doubt that once the world has conquered the coronavirus pandemic, there will be a tectonic shift in the global balance of power. India cannot be a lone crusader.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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