The politics behind India's no to RCEP deal4 min read . Updated: 05 Nov 2019, 12:26 PM IST
- One of the factors was that there were no assurances on getting access to markets like China while the trade pact would have opened up India's market
- Opposition to the possible signing of the deal came from Swadeshi Jagran Manch (SJM) and Bharatiya Kisan Sangh (BKS), the two affiliates of RSS
New Delhi: India on Monday decided not to join the Regional Comprehensive Economic Partnership (RCEP) trade deal saying it did not get any “credible assurance for India on market access and non-tariff barriers". Prime Minister Narendra Modi-led government, in the run up to the deal, was under intense pressure from affiliates of Rashtriya Swayamsevak Sangh (RSS), opposition parties and small-scale industries.
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