The proposed RCEP will harm and worsen the trade deficit in the plantation commodities and make things miserable for the sector, which is already suffering on account of low prices and high cost of production, says a study by the United Planters’ Association of Southern India (UPASI).
There is a tendency in Indian industry to seek protection, whenever any steps towards globalisation are taken. However, it is an acknowledged fact that globalisation did benefit the Indian economy, brought in newer technology and made Indian industry far more competitive.
The Assam Chief Minister said his government was determined to step up efforts in increasing interactions with the ASEAN countries, including enhancing people-to-people contact and trade and other relations
Just hours before the meetings were due to start, the UN Security Council voted unanimously to back a US-drafted resolution to dramatically tighten the existing sanctions targeting North Korea. The vote marked a victory for US moves to force the North to halt its development of a nuclear-armed missile that could threaten US cities,