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.
asean countries
October 2024
January 2024
ASEAN, South Korea, Japan FTAs increased India's goods trade deficit
The GTRI report points out that India's exports to these FTA partners have increased at a lower rate than its imports.
