India also hyped the border conflict between China and India and threatened not to consider joining RCEP

 India also hyped the border conflict between China and India and threatened not to consider joining RCEP

At present, member states are stepping up negotiations and planning to sign the regional comprehensive economic partnership agreement (RCEP) within the year. At this time, Indian media the print reported on July 4, citing several senior Indian government officials as saying that due to the recent Sino Indian conflict, India still firmly refuses to join the RCEP led by China.

Screenshot of the print in print media

India has decided not to join any trade agreements dominated by China, including the regional comprehensive economic partnership (RCEP), the report quoted senior officials as saying. It claims that this will make things worse in India, especially after the outbreak of the new crown epidemic and the Sino Indian border conflict.

RCEP was initiated by ten ASEAN countries, and China, Japan, South Korea, Australia, New Zealand and India were invited to participate in the RCEP. The aim of RCEP is to establish a free trade agreement of 16 countries with unified market by reducing tariff and non-tariff barriers. In November last year, India announced that it would withdraw from RCEP. Currently, negotiations are being held among the remaining 15 Asia Pacific countries.

India has not reassessed its decision to exit RCEP, the print media quoted sources as saying. Since Prime Minister modi advocates a new policy of self-sufficiency and self-reliance, there is no need to consider joining the agreement, said an official who declined to be named.

Another Indian official said that India refused to join RCEP because 20 Indian soldiers died in the recent confrontation between China and India. Another official said, even if there are certain conditions that are politically beneficial to India, the government will not consider joining RCEP..

Rajiv Bhatia, a foreign policy research fellow at Indias Center for international studies, said, India has closed RCEP chapters in view of recent economic decisions and geopolitical developments..

He also claimed that countries outside ASEAN were reconsidering whether to sign the agreement. He claimed that for Australia, South Korea, Japan and New Zealand, it is difficult to achieve inherent consistency in geopolitics and trade..

On July 3, modi suddenly visited the border cities between China and India

At present, the member states are stepping up negotiations. A few days ago, Thailand, one of its Member States, said that all members had decided to sign the trade agreement by the end of 2020, which would come into force in the middle of next year. India can choose to sign it later. Vietnam, which currently holds the rotating presidency of ASEAN, also said it would continue to urge India to join RCEP when it felt comfortable enough.

Two weeks ago, the RCEP ministerial video conference held and issued a joint statement, saying that we believe that Indias participation will contribute to the development and prosperity of the region, and reached an agreement on the principle of continuing to strive for Indias return negotiations.

RCEP negotiations started in November 2012. If the negotiation is successful, the agreement will cover about 3.5 billion people, the total GDP will reach 23 trillion US dollars, accounting for 1 / 3 of the global total, and the region covered will also become the worlds largest free trade zone.

However, the negotiations have been going on for more than seven years, and nail households India has repeatedly lagged behind in the negotiations. Many foreign media pointed out that the reason why India resisted RCEP was that the countrys industry and farmers were worried that once the tariff on Chinese goods was lowered, more cheap imported goods might flow into the Indian market. In addition, India is also worried about the growth of trade deficit.

As for Indias withdrawal from RCEP, Zhang Shaogang, director general of the International Department of the Ministry of Commerce of China, previously said that the door of RCEP negotiations will always be open to India, and China is willing to resume negotiations with India at any time and place in order to reach an agreement satisfactory to both sides.

This time, India frequently used the border conflict between China and India to make hype, setting off a wave of public opinion against China made. The Indian government also took the opportunity to ban 59 Chinese apps, even playing black box operation and seizing containers from China without any statement.

However, Prime Minister modi himself revealed the truth of the conflict by saying at the National Party Congress on the border issue between China and India on June 19. At the time modi said, they [the PLA] have neither broken into our borders nor occupied any outposts. Twenty of our soldiers died in their duty... This statement directly confronts the statement of Indias foreign ministry at that time, which claimed that China tried to unilaterally change the status quo of border control.

(function(){( window.slotbydup=window .slotbydup||[]).push({id:u5811557,container:ssp_ 5811557, async:true }Source: editor in charge: Yao Wenguang_ NN1682