ISDS Case Map
RCEP
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.
But New Delhi is still undecided on its tariff-elimination commitments.
The success of the ASEAN-China FTA in helping to boost business amid Beijing’s tariff dispute with the US bodes well for the upcoming talks on the creation of a RCEP.
The US - China trade dispute has disrupted trade and investment flows, stifling global and regional trade growth.
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.
Europe, Asia, Africa rush to nail down accords
The RCEP mega-trade agreement if adopted will change how governments decide on rights to land and who has access to it. Therefore, it has the potential to increase land grabbing across Asia – already a huge problem in this region.
Trade tensions with the US and a trade deficit with China are two major pressures faced by India.
CSOs and other observers of the trade agreement have needed to rely on leaked 2015 documents to get a picture of what was on the table for discussion and whether there were protections offered to vulnerable communities and the environment.
