Accept RCEP; stalling the deal has no basis in economics or business

Negotiations within the 16-nation Regional Comprehensive Economic Partnership (RCEP), for which talks were held in Singapore last week, represent one of the enduring ironies of a regime that claims to be pro-business. With global trade wars hotting up and protectionism reaching high tide, Indian business has long been keen for the government to move ahead in the negotiations and finalise a deal. The RECP will open up trade to a region that represents a third of the global economy and one that is growing twice as fast as the rest of the world. So far, however, the National Democratic Alliance a.....

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