World Bank urges India to reconsider RCEP stance for $1 trn export goal

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World Bank urges India to reconsider RCEP stance for $1 trn export goal - Business Standard

Quick Summary:

However, the World Bank’s India country director, Auguste Kouame, told reporters that it is for India to take a final call.“Trade is good and being part of a trading bloc is good.

On the issue of the carbon border adjustment mechanism (CBAM), World Bank economist Nora Dihel said that it was a big export potential for India.

This is for countries to decide and for India to decide whether it wants to be a part of RCEP or not… We don’t get into trade negotiations between countries,” he added.