Tuesday, 29 November, 2022
TopicRCEP

Topic: RCEP

RCEP is a ‘shallow’ pact but PM Modi’s decision expected, say trade economists

Trade economists note Modi’s cautious nature in opening up the Indian market, especially to Chinese goods, despite his image as a market-oriented leader.

Congress, BJP claim credit for RCEP ‘win’, Priyanka Chaturvedi’s a GoT fan

The most politically correct and incorrect tweets of the day from across the political spectrum.

India quitting RCEP indicates global trade could be in for another Cold War

Tensions between China and the US force nations to take sides. It’s a path that’s grimly reminiscent of the aftermath of World War II.

Soumya Kanti Ghosh says RCEP ‘no pact for India’, Ajit Ranade calls the move ‘defensive’

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

Japan seeks to keep India within RCEP trade deal framework

India announced it was withdrawing from the China-backed Regional Comprehensive Economic Partnership, citing the deal’s potential impact on the livelihoods of its citizens.

India’s rejection of RCEP trade deal is a sign of weakness

India’s decision is a disappointing window into how much has changed in New Delhi since it became one of the initial movers of the RCEP process.

India stayed out of RCEP because it couldn’t risk another China-dominated ASEAN

India already has a trade deficit with 11 RCEP countries. Potential losses from foreign goods, who would find more space in Indian market, likely led to rejection.

India opts out of RCEP for now but to continue negotiating over differences

PM Narendra Modi said India will not join RCEP. He said his decision was guided by the impact the RCEP would have on the livelihood of all Indians.

India will not join RCEP trade deal, my conscience won’t allow it, says PM Modi

PM Narendra Modi made the announcement during his speech at the RCEP Summit in Thailand, saying the agreement did not fully reflect the basic spirit and address India's concerns.

RCEP trade pact will move ahead even without India, says China

Chinese Vice Foreign Minister Le Yucheng says RCEP trade deal will be signed next year and India is welcome to join whenever it’s ready.

On Camera

YourTurn

In Gujarat, voters want BJP’s alternative but not of Modi

After ruling Gujarat for 27 years, BJP knows how to shield election outcomes from ground realities such as people’s hardships, leaderless govt and corrupt bureaucracy.
File photo of Russian Foreign Minister Sergei Lavrov and his Indian counterpart Subrahmanyam Jaishankar | Maxim Shipenkov/Pool via Reuters

Modi govt asked by sanction-hit Russia for parts for key sectors, says report

Moscow has sent India a list of over 500 products including parts for cars, aircraft and trains for delivery as sanctions squeeze Russia's ability to keep vital industries running.

Defence

Illustration: Soham Sen | The Print

Modi govt moves with Arunachal Frontier Highway, among India’s ‘toughest’ projects yet, China in mind

The 2,000 km-long highway will be of strategic importance to military. Same equipment used on other side of LAC being deployed to carry out work on tough terrain, say officials.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.