We are what we are !!

 Regional Comprehensive Economic Partnership (RCEP) is the economic alliance formed with China and other 14 countries primarily from Asia recently but including  non Asian countreis like australia, New Zealand. India was said to have entered into this economic pact and was negotiating for its membership, but withdrew later when it rightly found that this trade partnership would only benefit other countries but not its interests. Maybe in the long run India would have to enter this trade pact but certainly not at this time when China's hegemony is strangling many of the Asian and African countries. With many of the other Asian countries India already has a free trade pact except China. China is a net exporting country to India and therefore any free trade pact removing the tariff barriers would only directly and indirectly benefit China. Let us look at the specific pros and cons to RCEP: Pros 1)The purpose of RCEP was to make it easier for products and services,investments, int...