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India Inc wants restricted market access for China under RCEP pact.
Jul 09, 2019

Negotiations for concluding the ambitious Regional Comprehensive Economic Partnership (RECP) pact this year are in full swing, but the Indian manufacturing sector continues to be apprehensive of competition from China and is demanding higher protection.
Representatives of the Indian industry, including steel, automobile and the engineering goods sectors, have asked the government to restrict market opening offers for China under the mega trade pact between 16 nations to about 42 per cent instead of over 90 per cent being demanded by the Beijing.