Keeping out of RCEP: Does it hurt?
The RCEP comprises of 10 ASEAN and its FTA partners – China, Japan, Korea, Australia and New Zealand – together accounting for 28.8% global trade and 30% global GDP.
The RCEP comprises of 10 ASEAN and its FTA partners – China, Japan, Korea, Australia and New Zealand – together accounting for 28.8% global trade and 30% global GDP.
India escaped this disaster by taking a prudent decision at the right time
Project Nexus to connect faster payment systems of four ASEAN countries, including India, for efficient, faster, and more cost-effective cross-border payments
Greater cross-border collaboration and increased financial and digital inclusion will unlock the full potential of Asia’s digitalisation. It will also help create a digital economy that benefits all.
The pact paves the way for India to access advanced U.S. defence systems
For India to grab 5% share of global trade by 2020, it is important that India nurture a friendship with the Asean region.
Inviting the heads of the 10 Asean nations could be a trade and diplomatic coup for India. Or it could end up being mere optics. Here’s why it matters.