DAILY NEWS ANALYSIS
21 September, 2019
3 Min Read
GS-II: Joining RCEP should be seen as an extension of Look East policy.
Context
RCEP
Act of Balancing with China
The Indian protectionism
Not to blame anyone
Visible benefits for joining:
A win-win situation
RCEP is one sure shot way of forcing China to provide a level playing field.
India has the largest arable land and one of the largest pool of scientists, engineers, technicians, so there is no reason for India to be concerned.
Way forward
India’s welcome to RCEP is one way of controlling China and keeping it in check.
In a big grouping like this, China is unlikely to have its way, nor is it going to antagonize everyone.
India’s absences from RCEP will virtually handover this significant grouping to China, which is certainly not in India’s interest.
Thus RCEP is a huge opportunity which India should not miss.
Source: Indian Express
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