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RCEP as winning strategy Editorial 17th Sep


Headline : RCEP as winning strategy Editorial 17th Sep

Details :

Trade war impact on multilateral trade regime:

Brings regional trade agreements to the fore:


Regional Comprehensive Economic Partnership (RCEP):


Understanding imports and exports:


India’s fears from RCEP:

Trade deficit with China:

Can be used to negotiate better terms:

But the fear should not undermine the negotiations:

Balance of Trade must override Bilateral Trade deficit fears:

Example of India’s trade with the US and China:


Benefits from the RCEP agreement:

Multinational enterprises moving to India:


India’s focus in RCEP negotiations on services liberalisation and movement of IT workers:

But these areas need not be a priority:


Way forward – Indian negotiations must focus on manufacturing:



GS Paper III: Economy

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