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regional comprehensive economic partnership

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A policy announcement made by Chinese President Xi Jinping earlier this month suggests that the opening of its market to RCEP members is part of its larger strategy(AP)

RCEP reinforces China’s edge in Asia

By Biswajit Dhar
PUBLISHED ON NOV 22, 2020 11:40 PM IST
India’s negative response to free trade pacts, and the focus on self-reliance, shows its turn against globalisation. This will have many implications
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External affairs minister S Jaishankar in New Delhi. It is somewhat paradoxical that a minister in what can be termed a government that leans towards the Right has articulated a position that resembles that of the Left. Ever since India opened up, it was the economists on the Left who warned against its implications on domestic capital and labour.(ANI)
External affairs minister S Jaishankar in New Delhi. It is somewhat paradoxical that a minister in what can be termed a government that leans towards the Right has articulated a position that resembles that of the Left. Ever since India opened up, it was the economists on the Left who warned against its implications on domestic capital and labour.(ANI)
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This is often because it is torn between its own ideological moorings and tactical considerations — in the process, it may neither remain true to itself nor be able to win over voters(PTI)
This is often because it is torn between its own ideological moorings and tactical considerations — in the process, it may neither remain true to itself nor be able to win over voters(PTI)

In the Congress, the lack of ideological clarity | HT Editorial

By HT Correspondent | Hindustan Times
UPDATED ON NOV 19, 2020 06:37 AM IST
But while settling the question of leadership through organisational elections is imperative, there is another area that should worry the party— its ideological confusion
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Irrespective of whether India was right to stick to its “redlines” with the US on the trade deal, there is a larger, disturbing pattern(REUTERS)
Irrespective of whether India was right to stick to its “redlines” with the US on the trade deal, there is a larger, disturbing pattern(REUTERS)

India’s trade challenge | HT Editorial

By HT Correspondent | Hindustan Times
UPDATED ON FEB 19, 2020 06:08 PM IST
The absence of a deal with the US points to a larger problem
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Chinese President Xi Jinping speaks at Macau International Airport, China, December 18, 2019(REUTERS)
Chinese President Xi Jinping speaks at Macau International Airport, China, December 18, 2019(REUTERS)

Beijing will be territorially assertive this year. Be prepared

By HT Correspondent | Hindustan Times
UPDATED ON JAN 14, 2020 04:50 PM IST
After a few years of stasis, Beijing has begun escalating its intrusions over the Senkaku Islands, the heart of a Sino-Japanese sovereignty dispute. Arguably, the hardline it took on Indian requests for import safeguards was ultimately an attempt to force India out of the Regional Comprehensive Economic Partnership.
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New Zealand's Prime Minister Jacinda Ardern, India's Prime Minister Narendra Modi, Chinese Premier Li Keqiang and Thai Prime Minister Prayuth Chan-Ocha shake hands at the 3rd Regional Comprehensive Economic Partnership (RCEP) summit in Bangkok, Thailand, November 4, 2019(REUTERS)
New Zealand's Prime Minister Jacinda Ardern, India's Prime Minister Narendra Modi, Chinese Premier Li Keqiang and Thai Prime Minister Prayuth Chan-Ocha shake hands at the 3rd Regional Comprehensive Economic Partnership (RCEP) summit in Bangkok, Thailand, November 4, 2019(REUTERS)

Rejecting RCEP was the easy part | HT Analysis

By Mohan Kumar
PUBLISHED ON NOV 10, 2019 07:05 PM IST
The world is moving towards high-quality free trade deals, and India must follow that path too
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The important question for New Delhi to ask is: “What now?”(REUTERS)
The important question for New Delhi to ask is: “What now?”(REUTERS)

Moving on from the RCEP | HT editorial

By HT Correspondent | Hindustan Times
UPDATED ON NOV 05, 2019 06:29 PM IST
Work on making both industry and economy more competitive
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PM Modi with the prime minister of Thailand, Prayut Chan-o-cha, Bangkok, November 3, 2019.(Photo Credit: PMO / Twitter)
PM Modi with the prime minister of Thailand, Prayut Chan-o-cha, Bangkok, November 3, 2019.(Photo Credit: PMO / Twitter)

PM in Bangkok Highlights: PM Modi attends India-Asean Summit; meets Thai, Indonesian leaders

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON NOV 03, 2019 10:32 PM IST

Prime Minister Narendra Modi co-chaired the India-ASEAN Summit and attended the golden jubilee celebrations of an Indian business group among his other engagements on Sunday, the second day of his Thailand visit. The PM arrived in the Thai capital Bangkok on Saturday on a on a three-day visit during which he will also attend the 14th East Asia Summit, the third summit meeting of Regional Comprehensive Economic Partnership (RCEP) and hold bilateral meetings with various world leaders. The prime minister’s visit comes in the midst of renewed diplomatic efforts to convince New Delhi to support signing of Regional Comprehensive Economic Partnership (RCEP), a mega trade deal involving 16 Asia-Pacific nations to facilitate creation of the biggest free-trade region in the world. On Saturday evening, the PM addressed the Indian community in Bangkok at an event called ‘Sawasdee PM Modi’ and also released a commemorative coin marking the 550th birth anniversary of Guru Nanak Dev and the Thai translation of Tamil classic ‘Tirukkural’ written by Thiruvalluvar.Here are the highlights:

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The possible benefits include a potential entry into global supply chains, making manufacturing in India attractive for both domestic and foreign companies, and increased foreign direct investment flows.(Bloomberg)
The possible benefits include a potential entry into global supply chains, making manufacturing in India attractive for both domestic and foreign companies, and increased foreign direct investment flows.(Bloomberg)

Global or local: India’s dilemma on the RCEP

UPDATED ON OCT 08, 2019 06:59 PM IST
Delhi will have to sign the trade pact but must zealously guard its interests
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‘Farmers interest is our priority,’ said agriculture minister Narendra Singh Tomar .(HT Photo)
‘Farmers interest is our priority,’ said agriculture minister Narendra Singh Tomar .(HT Photo)

Tomar tells commerce ministry to protect farmers’ interest in RCEP trade pact

By Press Trust of India | New Delhi
PUBLISHED ON OCT 08, 2019 04:46 PM IST
Agriculture Minister Narendra Singh Tomar on Tuesday said he has communicated to his commerce counterpart to protect the farmers’ interest in the proposed Regional Comprehensive Economic Partnership (RCEP) trade agreement whose negotiations are in the final stages.
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Jaishankar said India fears that the RECP deal, which would call for a lowering of tariffs, would lead to a flood of goods from China while not assuring India of an equal access to the Chinese markets.(HT PHOTO)
Jaishankar said India fears that the RECP deal, which would call for a lowering of tariffs, would lead to a flood of goods from China while not assuring India of an equal access to the Chinese markets.(HT PHOTO)

‘Trade deficit with China a big concern’: S Jaishankar

By Press Trust of India | Singapore
PUBLISHED ON SEP 10, 2019 12:35 AM IST
The Indian industry has raised concerns over the presence of China in the grouping with which India has a huge trade.
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Prime Minister Narendra Modi on Wednesday highlighted the need for an early conclusion of the Regional Comprehensive Economic Partnership (RCEP) agreement through multilateral and bilateral talks among the member countries.(Narendra Modi/Twitter Photo)
Prime Minister Narendra Modi on Wednesday highlighted the need for an early conclusion of the Regional Comprehensive Economic Partnership (RCEP) agreement through multilateral and bilateral talks among the member countries.(Narendra Modi/Twitter Photo)

PM Modi calls for early conclusion of Regional Comprehensive Economic Partnership

By HT Correspondent | New Delhi
UPDATED ON NOV 14, 2018 11:09 PM IST
According to Sudhanshu Pandey, Additional Secretary with the Commerce Ministry, Prime Minister Modi also called for a balanced and mutually beneficial RCEP pact.
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PM Narendra Modi with Singapore’s President Halimah Yacob at the Istana in Singapore(Reuters)
PM Narendra Modi with Singapore’s President Halimah Yacob at the Istana in Singapore(Reuters)

Trade agreement RCEP to be key focus of PM Modi’s Singapore visit

By Rezaul H Laskar | Hindustan Times, New Delhi
UPDATED ON NOV 10, 2018 12:01 AM IST
The Regional Comprehensive Economic Partnership (RCEP), which aims to create the world’s largest free trade area, will be in focus when Prime Minister Narendra Modi visits Singapore during November 14-15 for the East Asia Summit and associated meetings.
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Prime Minister Narendra Modi with his Japanese counterpart Shinzo Abe during the Regional Comprehensive Economic Partnership leaders’ meeting, in Manila.(PTI)
Prime Minister Narendra Modi with his Japanese counterpart Shinzo Abe during the Regional Comprehensive Economic Partnership leaders’ meeting, in Manila.(PTI)

Opting out of RCEP may push India on the margins of Asia

By Shyam Saran
UPDATED ON SEP 05, 2018 07:27 PM IST
India cannot sustain an expanding political and security role in the Indo-Pacific with a shrinking economic role
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