miércoles, 6 de noviembre de 2019

Signing the RCEP agreement would have given more substance to India’s Act East policy | The Indian Express

Written by VS Seshadri |Updated: November 6, 2019 9:22:33 am

The writer, a former Indian ambassador to Myanmar is currently Vice Chairman, Research and Information System for Developing Countries.

Signing the RCEP agreement would have given more substance to India’s Act East policy

Not being part of the RCEP does not mean we will not get targeted by exports from the group’s members which are now likely to attract more investments. Vigilant monitoring will be required to avoid circumvention.

India RCEP, RCEP agreement India, India RCEP agreement withdrawal, Narendra Modi RCEP, Modi on RCEP agreement, Modi ASEAN, ASEAN Summit Modi, modi thailand Indian Express

Prime Minister Narendra Modi, in his statement, said “neither the Talisman of Gandhiji nor my own conscience permit me to join RCEP”. (AP/PTI)

After seven long years of negotiations, India has decided not to join the Regional Comprehensive Economic Partnership (RCEP). The final statement after the RCEP summit in Bangkok has left the matter somewhat open. It says that all RCEP countries will work towards resolving the significant outstanding issues that India has with the agreement. But Prime Minister Narendra Modi’s statement leaves no room for rethinking or further negotiation.