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India decided to opt-out of RCEP

India won’t join the Regional Comprehensive Economic Partnership (RCEP) because of concerns about getting swamped by imports under the agreement – putting its domestic industries and agriculture at risk – haven’t been assuaged.”The present form of the RCEP Agreement does not fully reflect the basic spirit and the agreed guiding principles of the RCEP”, Prime Minister said in the address at the RCEP Summit in Bangkok, according to a tweet of the official broadcaster Prasar Bharti.