ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Sanchita ChatterjeeSubscribe to Sanchita Chatterjee

India and the RCEP

COVID-19 has widely affected global supply and value chains, and specific sectors around the world. In this scenario, the options for India to optimise its regional and global value chain linkages with the Regional Comprehensive Economic Partnership are examined, which in turn could aid in its post-pandemic recovery.

 

Regional Comprehensive Economic Partnership

India is a party to the Regional Comprehensive Economic Partnership negotiations with 10 countries of the Association of Southeast Asian Nations. This could have implications for India's stance on rules of origin and also could lead to harmonisation of rules in the RCEP countries and a simpler regime in this region. Else, this would increase complexity in this area. In any case, it appears India may have to change its approach on rules of origin on account of being a party to this agreement, when it comes into force.

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