India's insistence on providing a safety valve to cover at least 50% of Chinese imports under Regional Comprehensive Partnership (RCEP) has held up conclusion of talks for the mega trade agreement. At the heart of the friction is the govt's concern over a possible surge in Chinese imports once the deal is signed as India has indicated that it can allow up to 80% of goods to enter the country at zero duty.
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Sunday, October 13, 2019
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