'Congress advice to BJP not to sign RCEP is correct': P Chidambaram says difference between 2012 and 2019 is 'parlous' state of economy

  • The UPA's decision to engage with RCEP nations and the Congress' advice to the Narendra Modi government to not sign the trade deal were both correct as the difference between 2012 and 2019 is the "parlous" state of the economy, P Chidambaram said.

  • His remarks come days after India decided not to join the mega Regional Comprehensive Economic Partnership (RCEP) deal as negotiations failed to address New Delhi's concerns

  • Chidambaram, in a tweet posted by his family on his behalf, said the UPA's decision in 2012 to engage with RCEP countries was correct

New Delhi: The UPA's decision to engage with RCEP nations and the Congress' advice to the Narendra Modi government to not sign the trade deal were both correct as the difference between 2012 and 2019 is the "parlous" state of the economy, senior party leader P Chidambaram said on Thursday.

His remarks come days after India decided not to join the mega Regional Comprehensive Economic Partnership (RCEP) deal as negotiations failed to address New Delhi's concerns.
Chidambaram, in a tweet posted by his family on his behalf, said the UPA's decision in 2012 to engage with RCEP countries was correct.

With India deciding not to join RCEP, the Congress has claimed victory saying its forceful opposition ensured that the BJP government backs out from bartering the interests of farmers, dairy producers, fishermen and small and medium businessmen.

Updated Date: Nov 07, 2019 14:16:20 IST