ISDS Case Map
RCEP
China is proposing a new Asian free trade agreement that excludes India, throwing a wrench into plans for the 16-country Regional Comprehensive Economic Partnership.
Process Plant and Machinery Association of India (PPMAI) stated do not include capital goods in RCEP.
At least 13 countries have opposed India’s proposal for strict criteria to determine the source country of a product, based on which they get tariff concessions or duties, in the RCEP trade pact.
“We are trying to reduce the gap between the market access being demanded by China and what India has to offer. Till this matter is resolved it will be difficult to make progress in the overall RCEP negotiations,” a government official told Hindu BusinessLine
Always known as a fiercely non-aligned leader, Malaysia’s Prime Minister has changed his tune on the Belt and Road.
RCEP is a free trade agreement (FTA) that could nullify all the gains made by the goods and services tax (GST).
India could be out of the RCEP mega trade deal, if a proposal made by Beijing for a free trade pact excluding New Delhi is taken seriously by other members.
The proposed Regional Comprehensive Economic Partnership (RCEP) agreement may hurt India's export competitiveness as the trade balance is already skewed, TPCI said.
ndia has registered trade deficit in 2018-19 with as many as 11 Regional Comprehensive Economic Partnership (RCEP) member countries that are negotiating a mega trade pact since November 2012.
Hundreds of farmers from Punjab, under the banner of the Kisan-Mazdoor Sangharsh committee, were lathi-charged and faced water cannons by UT police.
