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India Says “No” To Major Trade Bloc

November 5, 2019

Episode Notes:

This week, Prime Minister Narendra Modi announced that India would not sign the Regional Comprehensive Economic Partnership (RCEP) trade agreement. The accord, which had been subject of negotiations since 2012, includes 10 Southeast nations as well as China, Japan, South Korea, Australia, and New Zealand.

Rick Rossow — Wadhwani Chair in U.S.-India Policy Studies and senior fellow at the Center for Strategic and International Studies — joins the WarCast to explore India’s decision, explain the Modi government’s economic agenda, and describe New Delhi’s approach to foreign investment and trade.

Follow Rick on Twitter: @RichardRossow

[ 1:05 ] Why India didn’t sign the RCEP trade agreement

[ 2:10 ] Domestic considerations India couldn’t ignore

[ 3:35 ] Economic reforms New Delhi would like to pursue

[ 6:25 ] Modi is pro-investment, but anti-trade

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