Nov 4, 2019, 7:47 PM IST
The Regional Comprehensive Economic Partnership or the RCEP is a trade agreement involving 16 countries that enables them to transact having minimum or no tariffs or duties related to the transaction. While some feel it will give a shot in the arm for free trade, some others are lost sleep, saying it will only destroy and deracinate the interests of Indian businessmen as they can’t compete with the sophistication of industries in the partner countries.