Tag Archives: RCEP

India believes that the RCEP trade deal doesn't provide adequate protection against possible surges of imported goods. In particular, India is concerned about cheap Chinese goods flooding the domestic market.  The Indian ExpressExplained: Why India has said no to regional trade pact RCEP

Andrew Korybko is more pessimistic than Pepe Escobar on this. I think he may be a bit too pessimistic. India's strategic alignment is a balancing act for the government in power. India has along history of playing the US and Russia against each other for its own advantage. The really big issue is the relationship of India and China, traditional enemies that are still locked in various disputes over boundaries. Here again, India is using the US as a hedge with respect to China. Getting...

The barely disguised secret is that India’s economy, as the historical record shows, is inherently protectionist. There’s no way a possible removal of agricultural tariffs protecting farmers would not provoke a social cataclysm.... The Vineyard of the SakerThe RCEP train left the station, and India, behindPepe Escobar