BANGKOK: India wants safeguards to be built into a China-led trade pact
to prevent a sudden surge in imports, the Commerce Ministry said
recently as a new round of talks begin in Thailand.
Negotiators for the 16-nation Regional Comprehensive Economic
Partnership (RCEP) are in Bangkok this week for talks aimed at
finalising the giant free trade zone by the end of the year.
Indian Commerce Minister Piyush Goyal has been holding talks to allay
fears of a flood of Chinese imports if New Delhi joined the agreement,
the Ministry said.
The focus and emphasis of the meetings chaired by the Commerce and
Industry Minister was on putting in place appropriate safeguards
including auto-trigger mechanism against sudden surge in imports from
RCEP countries, it said in a statement.
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