Regional Comprehensive Economic Partnership Rcep

Union Minister for Commerce and Industry Piyush Goyal has ruled out India resuming talks to join the 'Regional Comprehensive Economic Partnership (RCEP)'.

Australian Prime Minister's Special Trade Envoy Tony Abbott on Friday termed India's decision to not join Regional Comprehensive Economic Partnership (RCEP) a "shrewd" move.

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.

The Regional Comprehensive Economic Partnership (RCEP) agreement was an unbalanced agreement, which was not fulfilling the guiding principles on which the pact was initiated, said India' Industry and Commerce Minister Piyush Goyal on Thursday.

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.

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.

Prime Minister Narendra Modi's "successful" visits to several countries as well as his participation in events such as the UN General Assembly and BRICS meetings, and India's refusal to join the regional free trade agreement RCEP in "national interest" were highlighted at the BJP parliamentary party meeting today.

India deciding against signing the RCEP was based on "clear-eyed calculation" of the gains and costs of entering a new arrangement and no pact was better than a "bad agreement", External Affairs Minister S Jaishankar said on Thursday.

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.

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).

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.

Union Minister for Commerce and Industry Piyush Goyal has ruled out India resuming talks to join the 'Regional Comprehensive Economic Partnership (RCEP)'.

Australian Prime Minister's Special Trade Envoy Tony Abbott on Friday termed India's decision to not join Regional Comprehensive Economic Partnership (RCEP) a "shrewd" move.

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.

The Regional Comprehensive Economic Partnership (RCEP) agreement was an unbalanced agreement, which was not fulfilling the guiding principles on which the pact was initiated, said India' Industry and Commerce Minister Piyush Goyal on Thursday.

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.

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.

Prime Minister Narendra Modi's "successful" visits to several countries as well as his participation in events such as the UN General Assembly and BRICS meetings, and India's refusal to join the regional free trade agreement RCEP in "national interest" were highlighted at the BJP parliamentary party meeting today.

India deciding against signing the RCEP was based on "clear-eyed calculation" of the gains and costs of entering a new arrangement and no pact was better than a "bad agreement", External Affairs Minister S Jaishankar said on Thursday.

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.

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).

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.