Page 6 - Latest Updates on RCEP
PM needs to oversee trade policy and negotiations
We urgently need an institutional reform for trade policy. We need our PM to directly be involved with the new institutions.
 "PM needs to oversee trade policy and negotiations")
Why India opted out of the RCEP agreement: Explained in six charts
Some experts, in addition to the government, have maintained that the reason for the walkout is India's adverse trade balance. However, many critics view this as a protectionist step
 "Why India opted out of the RCEP agreement: Explained in six charts")
RCEP outcome shows our lack of confidence
Many factors have contributed to the doubts about our ability to reap the benefits under RCEP
 "RCEP outcome shows our lack of confidence")
Best of BS Opinion: Govt denial, inadequate response not helping economy
Here's a selection of Business Standard Opinion pieces for the day
 "Best of BS Opinion: Govt denial, inadequate response not helping economy")
Darkening clouds: Govt denial, inadequate response are not helping economy
If we go on being inward-looking, how will the system open up? Those that are not competitive locking competitive ones out of markets cannot be a way to get to the $5-trn dream, writes T N Ninan
A mini trade deal to be India's focus during Piyush Goyal's US visit
Minister also scheduled to meet US medical devices' association
 "A mini trade deal to be India's focus during Piyush Goyal's US visit")
Open to RCEP deal if 'firm indication' given on core interests: MEA
Asked about India's stand on RCEP, MEA Spokesperson Raveesh Kumar said India's concerns and requests are available with the other 15 RCEP members.
 "Open to RCEP deal if 'firm indication' given on core interests: MEA")
Best of BS Opinion: Solutions for telecom crisis, RCEP deal, and more
Here's a selection of Business Standard Opinion pieces for the day
 "Best of BS Opinion: Solutions for telecom crisis, RCEP deal, and more")
India may be looking at a dry spell for FTAs if RCEP falls through: Experts
Talks with major economies like the EU and US, among others, on trade and investment deals are stuck on similar issues
 "India may be looking at a dry spell for FTAs if RCEP falls through: Experts")
RCEP exit: A bargaining position or a disaster?
What is the reason for sudden change of mind and deciding to not join RCEP?
India's challenge is competitiveness
Until India becomes a real market economy, it is unlikely to have the confidence to integrate with, and compete in, the global market economy
Simple economics: India would've incurred a huge cost by joining RCEP
Now, RCEP will incur the costs of losing the Indian market which was the only worthwhile market
 "Simple economics: India would've incurred a huge cost by joining RCEP")
Domestic issues important, but we'd love to see India in RCEP: NZ minister
As many as 16 countries -- 10-nation bloc ASEAN and its six trading partners including India -- were negotiating the free-trade pact RCEP
 "Domestic issues important, but we'd love to see India in RCEP: NZ minister")
Does India's sudden RCEP pullout reflect a tactical shift in favour of US?
If the US quickly signs a trade deal with India and if India retaliates against Chinese denial of access to Indian goods, the logic of India's retreat from the RCEP will acquire a new dimension
RCEP deal could provide huge export opportunities for India: China
India pulled out at the last minute amid worries that the deal would unleash cheaper imports from countries like China
 "RCEP deal could provide huge export opportunities for India: China")
India opts out of RCEP: Axe on Chinese imports, trade deal with US likely
The latest twist in India's policy on foreign trade may, however, benefit the US
 "India opts out of RCEP: Axe on Chinese imports, trade deal with US likely")
India opts out of RCEP; PM Modi says key issues remain unresolved
Fifteen other nations, however, went ahead with the deal after the conclusion of the summit in Bangkok, which was also attended by Prime Minister Narendra Modi
 "India opts out of RCEP; PM Modi says key issues remain unresolved")
Top 10 biz headlines: WhatsApp Pay launch, Air India stake sale, and more
From snooping row to India's position on RCEP, here are the top 10 business headlines for the day
 "Top 10 biz headlines: WhatsApp Pay launch, Air India stake sale, and more")
What's the RCEP and what does India's exit mean for the trade deal?
India pulled out of the deal saying it wanted to protect service workers and farmers
Will resolve outstanding issues raised by India for not joining RCEP: China
China also said it would welcome India joining the deal at an early date
