NEW DELHI: India overcame resistance from China to become a part of the Regional Comprehensive Economic Partnership (RCEP) agreement, an Asean + 6 grouping which is set to emerge as one of the most significant free trading blocs in the world, government sources confirmed.
Despite Beijing's reservations, India participated in the first round of negotiations held recently for RCEP because of support from several Asean nations led by Malaysia which insisted on India's involvement. The RCEP comprises China, India, Australia, New Zealand, Japan and South Korea apart from the 10-member Asean.
India becomes part of regional trading bloc despite Chinese opposition - Times Of India
Despite Beijing's reservations, India participated in the first round of negotiations held recently for RCEP because of support from several Asean nations led by Malaysia which insisted on India's involvement. The RCEP comprises China, India, Australia, New Zealand, Japan and South Korea apart from the 10-member Asean.
India becomes part of regional trading bloc despite Chinese opposition - Times Of India
