The Commerce Ministry is holding a series of meetings with various industry associations on tariff elimination under the proposed 16-member Regional Comprehensive Economic Partnership pact.
New Delhi should embrace the Regional Comprehensive Economic Partnership (RCEP) to have effective access to the Chinese market that it is now lacking, the Australian High Commissioner to India Harinder Sidhu told ThePrint Tuesday.
The ASEAN troika led by Indonesia had a “fruitful” and “very frank” dialogue with India on the RCEP and efforts are on to address Delhi’s concerns ahead of a meeting on the proposed trade agreement in China.
Indian and U.S. trade negotiators will meet with little sign of a compromise on a series of protectionist measures taken by the two governments in recent months that have strained ties between the strategic partners.