INDIA WITHDREW FROM RCEP

RCEP

India pulled out of the Regional Comprehensive Economic Partnership (RCEP) at the

last minute on the ground that it would hurt the farmers, business community and workers of the nation. India joined the negotiations for the 16 nation ASEAN (Association for South East Nations)  in 2012  and Prime Minister Narendra Modi announced  that India was withdrawing from the agreement on the ground of negative effects on the farmers of our Country. The present form of the RCEP Agreement does not fully reflect the basic spirit and the agreed guiding principles of RCEP. "When I measure the RCEP agreement with respect to the interests of all Indians, I do not get a positive answer. Neither the talisman of Gandhiji nor my own conscience permit me to join RCEP" this was the response from the Prime Minister of India from Bangkok. In the Summit , China, Japan,  australlia, New Zealand, South Korea attended along with the 10 nation ASEAN. The RCEP agreement was signed in the Summit