Stances about RCEP* and FTAs* need to go beyond election year!

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By ALBERTINA ALMEIDA

 

Even as India played a critical role in shifting the deadline for the conclusion of negotiations on the proposed Regional Comprehensive Economic Partnership (RCEP) to 2019, it has floated the idea of a new approach to free trade agreements. “We will do a completely new approach toward FTAs (free trade agreements). … We are appointing two independent agencies, who will talk to all the stakeholders…it is a first major change. This will be a new template which will emerge for all future negotiations and we are working on it”, India’s Commerce and Industries Minister Suresh Prabhu is reported to have announced at an event organized by India’s Consumer Electronics and Appliances Manufacturers Association. “So, while we need FTAs, we will make FTAs in a way that will also benefit India to begin with, and other countries also,” Prabhu told the gathering.

 

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What Price Regional Comprehensive Economic Partnership?

Posted Leave a commentPosted in Popular Essays

By ALBERTINA ALMEIDA

 

The deals that Governments sign with foreign dealers or countries often receive little popular attention because a number of us assume that it does not have any impact on our lives. The reality, however, is that it is more than just a deal between two countries. These deals can, in fact, have a profound bearing on people’s lives.

 

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