INDIA'S STRATEGY TO NEGOTIATE RCEP AGREEMENT
Ever since the countries expanded their reach in international trade they entered into International Trade Agreements for improved market access through negotiations, signing FTAs (Free Trade Agreements) or GATT, WTO or the EU agreement. Still these did not provide sufficient condition to countries for actual export growth. There are group of countries exploring ways by various forms of FTAs mainly aimed at yielding benefits that could be derived through elevated trade and investments. Many developing countries could not take the advantage of market access as free trade facilities among WTO or EU member countries came in to influence the improved trade conditions between members due to the greater flows of trade between member states and their increased influence on non-member countries. The developed countries reaped the benefits to the maximum. Efforts were on among the counties of Asia region and with the resultant conceptualization of Regional Comprehensive Economic P...