15 Asian nations sign China-backed RCEP; here#39;s why India withdrew from the world#39;s biggest trade pact

15 Asian nations sign China-backed RCEP; here#39;s why India withdrew from the world#39;s biggest trade pact Stating that China-backed Regional Comprehensive Economic Partnership, or RCEP, failed to address India#39;s concerns, it had opted out of it last year. India had mentioned that RCEP trade agreements were a threat to the circumvention of rules of origin due to tariff differentials

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