Topic:Important International institutions, agencies and fora- their structure, mandate. Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.
2) Regional Comprehensive Economic Partnership is considered a mammoth trade deal currently being negotiated. Discuss the possible apprehensions of India with respect to joining the RCEP trade deal.(250 words)
Why this question:
India’s indecisive stance on the Regional Comprehensive Economic Partnership (RCEP) and agreement to review the free trade agreement, or FTA with the Association of South East Asian Nations (ASEAN) indicates it has been evaluating options outside the larger regional group as well. Thus compelling us to analyse the apprehensions India has.
Key demand of the question:
One should discuss the relevant factors responsible for possible apprehensions of India with respect to joining the RCEP trade deal.
Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.
Structure of the answer:
Explain the RCEP.
Discuss first the relevance of the recent RCEP meet held. What are RCEP and its objective?
Then move onto discuss what has been the relationship of India and RCEP from the past to present.
What are the recent challenges and factors that are compelling India to rethink upon joining the partnership?
Conclude with possible way forward and what should India do.