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India's return to RCEP is in everyone's interests

New Delhi concerned over opening its markets but should recognize strategic gains

| India
Narendra Modi, center, and other leaders shake hands at the third RCEP summit in Bangkok in November 2019: hope of India's return has not entirely faded.   © Reuters

Dr. Jagannath Panda is a Research Fellow and Centre Coordinator for East Asia at the Manohar Parrikar Institute for Defence Studies and Analyses, New Delhi.

When India walked away from the Regional Comprehensive Economic Partnership in November 2019, Prime Minister Narendra Modi said India had "outstanding" concerns with the free trade agreement between the 10 ASEAN nations, China, Japan and others, covering 40% of the world's gross domestic product.

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