News Update

We have put forward reasonable proposals in clear manner in RCEP: PM Modi

Bangkok, Nov 2 (UNI) Prime Minister Narendra Modi on Saturday said that a ‘mutually beneficial’ Regional Comprehensive Economic Partnership in which all sides gain reasonably will be in the interests of India and of all partners in the negotiation. “We have put forward reasonable proposals in a clear manner and are engaged in negotiations with sincerity,” Mr Modi said in an interview to ‘Bangkok Post’.

“We would like to see commensurate levels of ambition on services from many of our partners, even as we are ready to address their sensitivities,” he said. Prime Minister said, India recognises the “high ambitions” of its partners on goods and New Delhi too would like a win-win outcome. “We believe that for this, addressing our concerns over unsustainable trade deficits is important. It needs to be recognised that opening the vast Indian market must be matched by openings in some areas where our businesses can also benefit,” he said.