New Delhi stayed away from the world’s largest trade bloc as its critical concerns were not addressed. While this makes sense for the moment staying away from the RCEP can be a short-term palliative but IT cannot be a long-term solution to India’s ambitions of emerging as a global manufacturing hub.
ASEAN is heavily dependent on China for trade but distrust between the two in South China Sea offers an opening for India to enhance its stature in the region. Every year, as India celebrates the birth of its Republic in the last week of January, the world watches as the largest democracy shows its mettle as a social, political, cultural and military superpower. This year however, was a particularly power packed show not because the tableaus of various states of [...]