Rcep
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Economic hurdles and role of China mean staying out of RCEP isn't the wrong move for India... for now
Fp Staff •For now, there are a handful of major economic concerns that preclude India from considering the RCEP... and one rather formidable geopolitical one
As fifteen countries sign China-led trade pact, concerns grow in US, India
•The RCEP covers a larger population than any previous regional free trade agreement and could help further cement China’s image as the dominant economic power in its neighborhood
Fifteen countries sign biggest free trade deal, giving boost to China's Belt and Road initiative
•Last year, India had exited the RCEP agreement over concerns about cheap Chinese goods entering the country. India was a notable absentee during Sunday's virtual signing
India should heed appeal by RCEP members to return to negotiating table; then battle hard for equitable deal
Karanp •On Wednesday, representatives from ASEAN, along with Japan, New Zealand, South Korea, Australia and China participated virtually in the 10th RCEP inter-sessional ministerial meeting
Galwan Valley clashes may have been China's pushback against efforts to thwart its ambitions for Indo-Pacific region
Fp Staff •In the days since the violent face-off took place between the soldiers of the Indian Army and the People's Liberation Army in Galwan Valley in eastern Ladakh, the Chinese media has time and again brought the US and its Indo-Pacific Strategy into the conversation
Govt must come clean on real fiscal deficit in Union Budget, worst may be over for FMCG sector; all this and more on Moneycontrol Pro
Moneycontrol •The FMCG sector had a tough time in financial year 2020, as sales growth slid every quarter.
Indian economy well-poised to take off; govt will hold discussions with Britain, EU on free trade agreements, says Piyush Goyal
•On RCEP, Goyal said it was an "unbalanced trade agreement, which was really not fulfilling the guiding principles on which RCEP started about eight years ago, therefore India chose not to participate in it".
ASEAN Secretariat invites India for RCEP meeting next month in Bali, govt yet to decide on participation
•The RCEP, comprising 10-member ASEAN bloc and six other countries India, China, Japan, South Korea, Australia and New Zealand, is engaged in negotiations for a free-trade pact.
S Jaishankar says India has not closed doors on China-backed RCEP, will evaluate deal on its trade, economic merit
•India has not closed its doors on the Regional Comprehensive Economic Partnership (RCEP) and will carry out a cost-benefit analysis to evaluate its merit, External Affairs Minister S Jaishankar said on Wednesday
BRICS is an idea whose time has come and gone; for India, the only benefit is an alternative platform for China outreach
Karanp •The BRICS Summit returned to Brazil after five years — as per the rotational nature of venues among the five member States — this week (13 and 14 November)