ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Out of RCEP, India seeks an export passage to Africa

New Delhi shuns Chinese imports as it focuses on domestic growth

A woman counts cash as her shop opens in Harare, Zimbabwe.   © Reuters

TOKYO -- Having opted out of the blockbuster, 15-country RCEP trade deal, India has now set its sights on Africa, a market where it believes it can leverage its geographic strengths to boost exports.

New Delhi has determined it has more to gain by going it alone rather than join the Regional Comprehensive Economic Partnership, but as member nations such as China, Japan and South Korea begin cutting tariffs with each other, there are fears that India will become an isolated island in an increasingly interconnected Asia.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more