November 5, 2019 7:46 PM

printer

Will resolve outstanding issues raised by India for not joining RCEP: China

China today said that it will resolve the outstanding issues raised by India for not joining the Beijing-backed mega Regional Comprehensive Economic Partnership (RCEP). China also said it would welcome India joining the deal at an early date.<br />''<br />''Prime Minister Narendra Modi yesterday conveyed India's decision not to join the RCEP deal at a summit meeting of the 16-nation bloc. India has been forcefully raising the issue of market access as well as protected lists of goods mainly to shield its domestic market as there have been fears that the country may be flooded with cheap Chinese agricultural and industrial products once it signs the deal.<br />''<br />''Chinese Foreign Ministry Spokesman Geng Shuang told the media in Beijing today that the RCEP is open and they will follow the principle of mutual understanding and accommodation to negotiate and resolve those outstanding issues raised by India. <br />''<br />''He said the RCEP is a regional trade agreement and mutually beneficial in nature.<br />''<br />''The negotiations for the proposed free-trade agreement included 10 member countries of the ASEAN and six of the bloc's dialogue partners — China, Japan, South Korea, India, Australia and New Zealand. <br />''<br />

Most Read
View All arrow-right

No posts found.