Rcep Deal

India entered 11 trade agreements in the 10 years under previous Prime Minister Manmohan Singh. On Modi's watch, it hasn't signed even one

Fifteen Asia-Pacific countries on Sunday signed the world's biggest free trade deal, seen as a huge coup for China in extending its influence.

Fifteen Asia-Pacific nations including China aim to clinch the world's largest free-trade agreement this weekend, the culmination of Beijing's decade-long quest for greater economic integration with a region that encompasses nearly a third of the global gross domestic product.

New Delhi is working to strengthen trade deals with the ASEAN group, as well as South Korea and Japan, Commerce Minister Piyush Goyal, told lawmakers in Parliament on Tuesday.

The RCEP did not "adequately" address India's concerns over issues like non-tariff barriers to trade and opaqueness in subsidy regime in some countries, which forced it to back out from the trade deal, the government informed Rajya Sabha on Tuesday.

India on Thursday said if it gets a "firm indication" that its core interests will be accommodated in the RCEP trade deal then it can think of taking a "further decision" on the issue.

The UPA's decision to engage with Regional Comprehensive Economic Partnership or RCEP nations and the Congress's appeal to the 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.

India should hold talks with the European Union for a free trade agreement, the government said on Tuesday, a day after it refused to join a China-backed regional trade pact for fear of a flood of cheap Chinese imports.

China said today that it will follow the principle of "mutual understanding and accommodation" to resolve the outstanding issues raised by India for not joining the Beijing-backed mega Regional Comprehensive Economic Partnership (RCEP).

Farmers and businesses Tuesday hailed Prime Minister Narendra Modi's decision to opt out of a sprawling Asian trade pact, with the country's largest dairy producer Amul thanking him for "supporting livelihoods".

After years of negotiations, India on Monday decided not to join China-backed mega Regional Comprehensive Economic Partnership or RCEP over unresolved "core concerns", with Prime Minister Narendra Modi saying the proposed deal would have adverse impact on the lives and livelihoods of all Indians.

The Congress claimed credit for India's decision to distance itself from the Regional Comprehensive Economic Partnership (RCEP) on Monday, saying that its "forceful opposition" prevented the BJP government from putting the interests of the country's farmers, fishermen and small traders at stake.

In a bid to prevent distraction and real-time information leakages, Congress interim President Sonia Gandhi disallowed carrying of mobile phones by senior leaders at a meeting in Delhi, sources said on Monday.

The RCEP agreement was against India's economic interest and national priorities, Commerce and Industry Minister Piyush Goyal said on Monday as the country decided not to join the China-backed mega free trade deal.

Union Home Minister Amit Shah on Monday said India's decision not to sign the Regional Comprehensive Economic Partnership (RCEP) reflects Prime Minister Narendra Modi's strong leadership and unflinching resolve to protect the national interest in all circumstances.

India entered 11 trade agreements in the 10 years under previous Prime Minister Manmohan Singh. On Modi's watch, it hasn't signed even one

Fifteen Asia-Pacific countries on Sunday signed the world's biggest free trade deal, seen as a huge coup for China in extending its influence.

Fifteen Asia-Pacific nations including China aim to clinch the world's largest free-trade agreement this weekend, the culmination of Beijing's decade-long quest for greater economic integration with a region that encompasses nearly a third of the global gross domestic product.

New Delhi is working to strengthen trade deals with the ASEAN group, as well as South Korea and Japan, Commerce Minister Piyush Goyal, told lawmakers in Parliament on Tuesday.

The RCEP did not "adequately" address India's concerns over issues like non-tariff barriers to trade and opaqueness in subsidy regime in some countries, which forced it to back out from the trade deal, the government informed Rajya Sabha on Tuesday.

India on Thursday said if it gets a "firm indication" that its core interests will be accommodated in the RCEP trade deal then it can think of taking a "further decision" on the issue.

The UPA's decision to engage with Regional Comprehensive Economic Partnership or RCEP nations and the Congress's appeal to the 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.

India should hold talks with the European Union for a free trade agreement, the government said on Tuesday, a day after it refused to join a China-backed regional trade pact for fear of a flood of cheap Chinese imports.

China said today that it will follow the principle of "mutual understanding and accommodation" to resolve the outstanding issues raised by India for not joining the Beijing-backed mega Regional Comprehensive Economic Partnership (RCEP).

Farmers and businesses Tuesday hailed Prime Minister Narendra Modi's decision to opt out of a sprawling Asian trade pact, with the country's largest dairy producer Amul thanking him for "supporting livelihoods".

After years of negotiations, India on Monday decided not to join China-backed mega Regional Comprehensive Economic Partnership or RCEP over unresolved "core concerns", with Prime Minister Narendra Modi saying the proposed deal would have adverse impact on the lives and livelihoods of all Indians.

The Congress claimed credit for India's decision to distance itself from the Regional Comprehensive Economic Partnership (RCEP) on Monday, saying that its "forceful opposition" prevented the BJP government from putting the interests of the country's farmers, fishermen and small traders at stake.

In a bid to prevent distraction and real-time information leakages, Congress interim President Sonia Gandhi disallowed carrying of mobile phones by senior leaders at a meeting in Delhi, sources said on Monday.

The RCEP agreement was against India's economic interest and national priorities, Commerce and Industry Minister Piyush Goyal said on Monday as the country decided not to join the China-backed mega free trade deal.

Union Home Minister Amit Shah on Monday said India's decision not to sign the Regional Comprehensive Economic Partnership (RCEP) reflects Prime Minister Narendra Modi's strong leadership and unflinching resolve to protect the national interest in all circumstances.