1. Piyush Goyal warns RCEP would have let Chinese goods flood India duty-free

Piyush Goyal warns RCEP would have let Chinese goods flood India duty-free

India

  • Commerce and Industry Minister Piyush Goyal on Thursday said RCEP would have left India selling Chinese goods.
  • Speaking in New Delhi, he said the pact would have opened India’s market to Chinese goods without tariff cover.
  • RCEP groups China, Japan, South Korea, Australia, New Zealand and 10 ASEAN states, which signed without India.
  • Goyal said the coming US trade deal protects farmers, though he added that its details are not yet public.

Source: moneycontrol.com

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