ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
International relations

Asia trade pact RCEP aims for fall signing, after India elections

Negotiators set to meet in February to restart negotiations

Vendors set up their stalls at a roadside market in New Delhi. The South Asian nation is worried that eliminating tariffs would lead to an influx of cheap goods from abroad.     © Reuters

TOKYO -- After failing to meet an earlier target to sign a deal by November 2018, the 16 member nations of the Regional Comprehensive Economic Partnership will meet as early as next month with a new goal of reaching an agreement on the pan-Asian trade accord this fall.

Whether that becomes a reality hinges on India, negotiators say. With national elections to be held by May, leaders of the South Asian nation are hesitant to eliminate tariffs which may lead to an influx of Chinese goods, causing its trade deficit to balloon.

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