Reportedly Union home minister amit shah on wednesday called India's decision to opt out of the Regional Comprehensive Economic Partnership (RCEP) bold and praised narendra modi for maintaining "India first" stand. Meanwhile New india reflects fresh self-confidence under the leadership of PM Modi. Shah explained that PM modi had already summed up in his own words why joining the RCEP would have not been in India's benefit.
Furthermore Shah wrote "The PM didn't compromise on it since the agreement didn't seem to accommodate India's concerns on issues like trade losses and dumping. india should not be a party to any such international treaty that's one-sided and against the interests of our farmers and entrepreneurs".
When attacking the previous india NATIONAL CONGRESS' target='_blank' title='congress-Latest Updates, Photos, Videos are a click away, CLICK NOW'>congress led UPA government, Shah said the sonia Gandhi-led party failed to safeguard India's interest in 2007 when it planned to engage with china for a regional trade agreement (RTA). Moreover he said the government is also expanding trade ties with japan, the US, EU countries and other developed nations all of which will help india in becoming a $5 trillion economy by 2024-25. Further he explained that the decision to not join the RCEP trade pact has protected the country's industries from any adverse effects and said, "For us, india remains first, and foremost."
