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RCEP NEWS

Commerce & Industry Minister Piyush Goyal said India's imports from China have jumped to $101.74 billion in 2023-24 from $70.32 billion in 2018-19. (PTI Photo)

Concerns not addressed, India not reconsidering joining RCEP, says Piyush Goyal

December 06, 2024 6:32 pm

In 2019, India conveyed its position that current structure of RCEP did not address the outstanding issues and concerns of the country.

Niti Aayog CEO’s comment on RCEP: Call for a wider conversation

November 12, 2024 12:38 am

As India navigates a rapidly evolving geopolitical environment with a second Trump presidency set to unfold, in this fast changing milieu, it must reevaluate its trade policy.

Indonesia parliament approves membership of China-backed regional trade deal

August 31, 2022 12:38 pm

The pact, which does not include the United States, entered into force on Jan. 1 this year after seven nations in Southeast Asia, and Australia, China, Japan, and New Zealand ratified the pact last year.

Hope India would revisit merits of joining RCEP: Singapore PM

December 07, 2020 9:20 pm

On November 4 last year, India walked out of the mega free trade agreement RCEP as negotiations failed to address New Delhi's outstanding issues and concerns.

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Need to reform banking, be watchful on trade protectionism: N K Singh

November 20, 2020 11:47 am

The future of trade policy should become clear from January onwards when the new US government outlines its stance.

Ex-foreign secy for joining RCEP: India pushing itself to margins of economy

November 18, 2020 2:13 am

The remarks come a day after External Affairs Minister S Jaishankar mounted a defence of the Indian government’s decision to stay out of the RCEP.

To join or not to join: Congress a little confused on RCEP

November 18, 2020 12:59 pm

Senior party leader and former Finance Minister P Chidambaram said there are “pros and cons to India joining the RCEP” and slammed External Affairs Minister S Jaishankar for having “railed against trade agreements and praised the virtues of protectionism”.

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The RCEP question

November 17, 2020 4:23 pm

If India does not join the trade bloc in the future, it must negotiate bilateral agreements to offset the losses. If it does, it must strengthen its economy.

Study on benefits, costs helped govt firm up RCEP stand

November 17, 2020 10:50 am

Where RCEP members are concerned, India’s deficits have marginally reduced in most cases. However, its total deficit with ASEAN as a bloc has increased between 2018-19 and 2019-20, according to data from the Ministry of Commerce and Industry.

Jaishankar terrorism, UN Security council

Jaishankar defends decision to not sign RCEP

November 17, 2020 2:00 am

He also said that those who argue “stressing openness and efficiency” do not present the full picture, and that this was “equally a world of non-tariff barriers of subsidies and state capitalism” — an oblique reference to China.

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Top quotes of S Jaishankar at RNG Lecture: From Kashmir to RCEP to what he said on Pakistan

November 17, 2019 8:43 am

S Jaishankar delivering the fourth RNG Lecture provided an assessment of the last 70 years of India’s foreign policy choices and challenged past positions — from dealing with China on boundary issues and handling Pakistan to managing ties with the US.