Page 2 - Latest Updates on RCEP
Opportunities galore in the east
A deeper integration with east Asian economies could be integral to India's economic recovery in the pandemic
 "Opportunities galore in the east")
After Brexit
Boris Johnson's visit could be an opportunity for India
 "After Brexit")
Trade isolation
India might lose yet another growth opportunity
Markets for export
Target unrealistic while govt frowns on trade deals
 "Markets for export")
Rejecting RCEP making it tough for India to raise exports: Experts
In 2019, these 15 RCEP countries' combined imports goods were worth $4.96 trillion
 "Rejecting RCEP making it tough for India to raise exports: Experts")
Not your grandfather's manufacturing
While announcing its policies, the government needs to keep in mind that global manufacturing is also changing
Exiting RCEP may backfire as India could lose market share to trade bloc
Modi pulled out of what's now the world's largest free-trade agreement to appease farmers and touted the exit as a victory for India's poor
 "Exiting RCEP may backfire as India could lose market share to trade bloc")
India, RCEP and economic theory
As things stand, the RCEP is dead in the water without India and can not last as an effective trading bloc
 "India, RCEP and economic theory")
Best of BS Opinion: Budgeting in unusual times, end of a 'holy warrior'
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Budgeting in unusual times, end of a 'holy warrior'")
Unrealistic to expect manufacturing to be 25% of India's GDP, even by 2030
The decision to stay out of the Regional Comprehensive Economic Partnership has the potential to become in the long term one of the Modi govt's major blunders. T N Ninan explains why
India pulled out of RCEP as concerns not addressed: EAM S Jaishankar
India pulled out of the Regional Comprehensive Economic Partnership (RCEP) last year as joining it would have resulted in fairly negative consequences for the country's economy, Jaishankar said
 "India pulled out of RCEP as concerns not addressed: EAM S Jaishankar")
Jaishankar speaking language of 70s by railing against FTAs: Chidambaram
'I must express my dismay over the speech by foreign minister... when he railed against trade agreements and praised the virtues of protectionism,' Chidambaram says
 "Jaishankar speaking language of 70s by railing against FTAs: Chidambaram")
RCEP with China, minus India: Is the trade deal a threat or opportunity?
In this podcast, Business Standard's Subhomoy Bhattacharjee explains what is RCEP, how will it benefit member nations, why did India pull out of RCEP and more
 "RCEP with China, minus India: Is the trade deal a threat or opportunity?")
Best of BS Opinion: India's economic self-harm, LAC disengagement and more
Here are the best of BS Opinions of the day
 "Best of BS Opinion: India's economic self-harm, LAC disengagement and more")
RCEP decoded: Why India chose to stay out of Asia's mega free trade pact
Indian business community felt it would be swamped by imports with low duties, which it would not be able to compete with. The govt decided that it cannot afford to take the chance
 "RCEP decoded: Why India chose to stay out of Asia's mega free trade pact")
Radical reformer
Book review of The Iconoclast: Shinzo Abe and the New Japan
 "Radical reformer")
Economic self-harm
Self-reliance cannot be a superior alternative to open trade
 "Economic self-harm")
As world signs mega FTAs, India simply can't afford to turn protectionist
If India misses out on attracting some of the new global trading infrastructure, it could be locked out of several years of growth
 "As world signs mega FTAs, India simply can't afford to turn protectionist")
Mega free trade agreement likely to be a closed chapter for India
Examining instead Japan-India-Australia Supply Chain Resilience Initiative for free, transparent trade and investment
15 Asian nations sign world's largest trade agreement backed by China
The RCEP was signed after eight years of negotiations at the conclusion of annual summit of Southeast Asian leaders and their regional partners, held virtually this year due to the Covid-19 pandemic
 "15 Asian nations sign world's largest trade agreement backed by China")
