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RCEP will be signed in 2020 without India. The largest trading bloc is here.

East or West India has to make decision, the difference from Cold War is that the West economy is not as good as before.
GoI will make decisions based on its interests and it's interests lie on maintaining relations on our own terms, whatever that may entail.

You say India has to make a choice and we have, since our inception, we look out for our own interests, no one can dictate otherwise.

I'd be pragmatic about it and say more often than not GOI has been strong armed into making decisions, untill now it has successfully rebuffed those that it felt were against our core interests.
 
Looks like short-term votes supersede long-term interests.

Chinese members can reflect back to the time when China joined WTO. Same voices from those less competitive domestic businesses.

Good to know indians’ decision, really do China a flavor geopolitically.

It's a dog eat dog world, interests converge and diverge, good diplomacy draws advantages when they converge and minimises disadvantages when they diverge.

National interests are paramount, there's no such thing as friends.
Who define national interests?
 
Well modi got a free holiday on tax payers expense. Modi so full of sh#t, that whole conference could smell his message before he landed.
 
Do find out the difference between opting out, kicked out and not even considered.

You'd find Iran and Pakistan in the last category.

India's a better market to export to than to buy from. You can blame our inefficient policies and as you have rightly pointed out, politician-business nexus does play a role, but GOI is facing stiff domestic pressure against signing this treaty.

At present we cannot compete with asean, Australian and new Zealand. Currently our dairy producers can't compete with Aus and NZ.

The GoP is most welcome to dictate the ASEAN and the global community with whom they can and cannot trade with, along with what policies they can and cannot pursue.

The GoP is also welcome to ask for inclusion in any treaties that it has not been initially approached for.
India is not ready now, then when will India be ready in future? never
 
India is not ready now, then when will India be ready in future? never
It wasn't only about preparation, Besides that, certain sectors which were asked to opened up mutually were not addressed.

Why sign a treaty, when in the sectors we are competitive are being shielded by China while it asks us to open up sectors where we are not competitive.

Why will we sign a treaty against our interests?

Well modi got a free holiday on tax payers expense. Modi so full of sh#t, that whole conference could smell his message before he landed.
Do try to hide that envy stench.
 
It wasn't only about preparation, Besides that, certain sectors which were asked to opened up mutually were not addressed.

Why sign a treaty, when in the sectors we are competitive are being shielded by China while it asks us to open up sectors where we are not competitive.

Why will we sign a treaty against our interests?


Do try to hide that envy stench.

Modi went for a free holiday, whilst New Delhi chokes. Do you think he went to negotiate deal? The agreement terms were negotiated way before the leaders arrived. Bjp are spinning rejection of deal as some kind of victory.
 
500px-RCEP.png
Ytv
Can you make a guess when India could be ready to compete with the other east asia & asean countries on manufacturing?
The gap seems to be widening day after day.
 
Can you make a guess when India could be ready to compete with the other east asia & asean countries on manufacturing?

It's like NEVER. Indian society traditionally, religiously and culturally look down upon "manufacturing". Just take a look at their still very prevailing thousand year old social structure:

39720184_7.png
 
India is not ready now, then when will India be ready in future? never

India will always be ready tomorrow.

It's like NEVER. Indian society traditionally, religiously and culturally look down upon "manufacturing". Just take a look at their still very prevailing thousand year old social structure:

39720184_7.png

Keep in mind that East Asian looking people are regarded as “Dalits” in this religious hiarchy.
 
India will always be ready tomorrow.



Keep in mind that East Asian looking people are regarded as “Dalits” in this religious hiarchy.


India needs leaders to lead a revolution to bring India into 21st century, but too bad, their "democratic system" can only produce politicians but no LEADERS. They missed the "window of oppotunities", for good.
 
pulling out of the RCEP was the correct dicision for India, it's true that in order for your industries to grow better you need competition, but the thing is... how can you compete if you are dead! because if India joins RCEP then what would happen is that what ever little industries India has would die out, it's just like what the times of india said.. ASEAN is already integrated with China's supply chain but the same thing cannot be said for India, ofcourse India is the only one to blame for that, if India chose to enhance it's relations with China instead of using China as a convenient bogeyman to gain popular support then China would have had no problem establishing a China-India economic corridor, if China had built ports, rails roads etc in India that connect China & India then India would have become very attractive for foreign industrial investment to export to China.
Very well thought out. India lacks people like you. I know you're not Indian but India does need people like you.
 
Japan might be unwilling to continue without India.
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TOKYO (Bloomberg) — India’s exit from RCEP regional trade talks appeared to leave China and Japan at odds over whether to press ahead with the remaining members, or to try to find a workaround that includes Prime Minister Narendra Modi’s government.

India announced Monday it was withdrawing from the China-backed Regional Comprehensive Economic Partnership, citing the deal’s potential impact on the livelihoods of its most vulnerable citizens. China said that the 15 remaining countries decided to move forward first and India is welcome to join RCEP whenever it’s ready.

Japanese Trade Minister Hiroshi Kajiyama said Tuesday that Tokyo would work toward a deal including India. This would keep the world’s largest democracy within the RCEP framework and be in line with Prime Minister Shinzo Abe’s policy of bolstering ties with India in order to balance Beijing’s growing power.

“Our country wants to play a leading role toward reaching an early agreement between all 16 countries, including India, with the aim of signing it in 2020,” said Kajiyama, who wasn’t present at the latest negotiations in Bangkok, told reporters in Tokyo.

India’s exit from negotiations coincided with the most recent meeting of officials from the so-called Quad: Japan, Australia, the U.S. and India, a security-focused grouping seen as a counter to China that has drawn Beijing’s ire. The group was upgraded to ministerial level in September.

China has sought to accelerate the RCEP deal as it faces slowing growth from a trade war with the U.S. An agreement would further integrate Asia’s economies with China just as U.S. President Donald Trump’s administration urges nations in the region to shun Chinese infrastructure loans and 5G telecommunications technology.

A China-led push would not necessarily satisfy the Japanese, who invited India to be a part of the negotiations.

“It’s not desirable to have an agreement that suits China’s purposes,” former Japanese Defense Minister Takeshi Iwaya said in an interview Tuesday. “Even if it takes a long time, it’s important to build an agreement that’s desirable for all the member countries.”

Indonesian Foreign Minister Retno Marsudi said India still had problems with RCEP but all those in the process “will work together to solve these problems in a mutually satisfying way,” according to a Monday statement from the ministry.

Modi decided not to join the deal in order to protect service workers and farmers, an official told reporters in New Delhi on Monday. India had pushed the other 15 nations to address its concern over deficits and open their markets to Indian services and investments, the official said.

RCEP countries are likely to move forward without India, in part because a pact could be concluded more easily and quickly that way, said Juan Sebastian Cortes-Sanchez, a senior trade policy analyst at the Singapore-based Asian Trade Centre research institute. Waiting for Modi’s administration to change its mind could even give his negotiators the ability to “leverage the urgency” to make more demands on other countries eager to conclude the regional trade pact, he said.

“They’re open to dialogue and the possibility of letting India in,” he said, adding there’s a constant uncertainty that Modi’s government is “just never going to commit.”

In the run-up to Association of Southeast Asian Nations meetings in Bangkok, where Asian leaders had hoped to announce an RCEP breakthrough, New Delhi had made last-minute demands amid domestic opposition over worries it would be flooded by cheap goods from China.

“There won’t be any problem for the 15 nations to sign RCEP next year,” Chinese Vice Foreign Minister Le Yucheng told reporters in Bangkok on Monday. “We are taking an open attitude — whenever India is ready, it’s welcome to get on board.”

RCEP countries said in a joint statement on Monday that all participating countries would work to solve outstanding problems “in a mutually satisfactory way.”Speech
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https://the-japan-news.com/news/article/0006137232?fp=8fdf4ad3c214aea87c213526c7631429
 

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