NEW DELHI, Jan 15 (Reuters) - India has not closed the door on a China-led regional economic pact, even though Asia's third-largest country pulled out of the deal last November, Foreign Minister Subrahmanyam Jaishankar said on Wednesday.
In November, China joined 14 countries in agreeing terms for the Regional Comprehensive Economic Partnership (RCEP), with India pulling out at the last minute saying the deal would hurt its farmers, businesses, workers and consumers.
RCEP brings together the 10-member Association of Southeast Asian Nations (ASEAN), China, Japan, South Korea, Australia and New Zealand.
"Where RCEP is concerned, we have to look at cost and benefit. We will evaluate RCEP on its economic and trade merit. We have not closed our mind to it," Jaishankar said.
- Forums
- Breaking News
- News: India has not closed door on China-backed Asian trade deal -foreign minister
News: India has not closed door on China-backed Asian trade deal -foreign minister
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online