Border Disputes, TPP Competition Needn’t Derail RCEP Trade Talks — Panjiva
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Border Disputes, TPP Competition Needn’t Derail RCEP Trade Talks

China 3048 India 551 Trade Deals 1017

Talks to develop the RCEP trade deal, due to restart on July 24 in Hyderabad, are reported to be facing challenges from an India/China border dispute and competition from the TPP deal for political attention. Not all negotiating parties need to be onboard for a deal to be reached – India accounts for just 2% of Chinese imports, vs. 38% for the whole RCEP group. RCEP is primarily an ASEAN-plus-China deal, focussed on tariffs rather than a broad range of regulations and policies. It may be “easier” to deliver than TPP. The deal will help the RCEP partners’ exports to China, which have alre...

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