Trending News
Baltic Exchange Market Report (20 December 2024)...
  Daily Exim

NEWS DETAILS

Date: 09/12/2024

India firm on staying out of RCEP: Goyal

India is firm on staying out of the RCEP, the 15-nation trade bloc, despite the calls from some quarters including the Niti Aayog for a reconsideration of the country’s decision not to join, said Mr Piyush Goyal, Commerce and Industry Minister, in a reply to a question in the Rajya Sabha. During the 3rd RCEP Leaders Summit held in November 2019 in Bangkok, India conveyed its position that the current structure of RCEP did not reflect the RCEP Guiding Principles or address the outstanding issues and concerns of India. There has been no change in India’s position since then. 
 
Post the signing of RCEP, China is said to have walked away with all the gains vis à vis other partners of the group. ASEAN’s trade deficit with China has jumped to $135.6 billion in 2023 from $81.7 billion in 2020. Also, the trade deficit of major ASEAN countries like Singapore, Thailand, Vietnam and the Philippines has steadily increased, as per a report.
 
Source: Exim News Service: New Delhi, Dec. 8



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai, Gujarat and New Delhi / NCR / North India, and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 46 years.

Read More

QUICK LINKS

Contact Details

Inquiry

Copyright © 2024 *EXIM MULTIMEDIA LLP*. All rights reserved