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PM Modi: India Has Decided Not To Join Regional Comprehensive Economic Partnership(RCEP)
Swarajya Staff
Nov 04, 2019, 06:43 PM | Updated 06:43 PM IST
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India today decided against joining the 16-nation RCEP trade deal, saying it was not shying away from opening up to global competition across sectors but had made a strong case for an outcome which is favourable to all countries and all sectors.
India has decided not to join Regional Comprehensive Economic Partnership(RCEP) agreement as PM @narendramodi takes a firm stand on India's core concerns and in the interest of Indian farmers, MSMEs and dairy sector.#RCEP
— Prasar Bharati News Services (@PBNS_India) November 4, 2019
PM @narendramodi took firm stand on issues of tariff differential, trade deficit and import surges. There was no assurance for India on market access and non-tarriff barriers.#RCEP
— Prasar Bharati News Services (@PBNS_India) November 4, 2019
PM @narendramodi at #RCEPSummit: Present form of the RCEP Agreement does not fully reflect the basic spirit and agreed guiding principles of RCEP. It does not address satisfactorily India's outstanding issues and concerns...it is not possible for India to join the #RCEP Agreement
— Prasar Bharati News Services (@PBNS_India) November 4, 2019
Our farmers, traders, professionals & industries have stakes in such decisions. Equally important are the workers and consumers, who make India a huge market & third biggest economy in terms of purchasing power parity. #RCEPSummit
— Prasar Bharati News Services (@PBNS_India) November 4, 2019
When I measure the #RCEP Agreement with respect to interests of all Indians, I do not get a positive answer. Therefore, neither the Talisman of Gandhiji nor my own conscience permit me to join #RCEP: PM @narendramodi .
— Prasar Bharati News Services (@PBNS_India) November 4, 2019
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