India opts out of RCEP, PM Modi says concerns not addressed
News

India opts out of RCEP, PM Modi says concerns not addressed

November 5, 2019

New Delhi, Nov.5- India opted out of the Regional Comprehensive Economic Partnership (RCEP) on Monday, with PM Narendra Modi putting his foot down and saying the country’s concerns were not addressed.

“Our farmers, traders, professionals and industries have stakes in such decisions. Equally important are workers and consumers, who make India a huge market and the third biggest economy in terms of purchasing power parity. When I measure the RCEP agreement with respect to the 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,” Modi said at the RCEP Summit in Thailand, seven years after negotiations started for formation of what could have been the world’s largest trading bloc.

ONE COMMENT ON THIS POST To “India opts out of RCEP, PM Modi says concerns not addressed”

  1. Jalandhara says:

    “The proposed RCEP involves Asean’s 10 member states, plus China, Japan, South Korea, Australia and New Zealand — which altogether contribute one-third of the world’s gross domestic product”. Since the arrogant India citing cheap Chinese goods inflitration: Japan and South Korea are not concerned by the way, has opted out of the above powerful economic block, as it did when the ASEAN was proposed, Modi with his limited wisdom does not realise the adage: better to keep China in the tent “. What a retrogade step by him and his government to lose not being part of that large trading block!1

ABOUT

Mysuru’s favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 41 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it’s readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.

CONTACT

Academy News Papers Private Limited, Publishers, Star of Mysore & Mysuru Mithra, 15-C, Industrial ‘A’ Layout, Bannimantap, Mysuru-570015. Phone no. – 0821 249 6520

To advertise on Star of Mysore, email us at

Online Edition: [email protected]
Print Editon: [email protected]
For News/Press Release: [email protected]