Sikkim standoff should not threaten mega economic RCEP deal: Chinese media
The India-China border standoff should not be allowed to threaten a mega economic deal Asia-Pacific nations are trying to negotiate at a meeting in Hyderabad, an article in an official Chinese daily said on Friday.
The comment was made by The Global Times, the mouthpiece of the Communist Party media group, which generally reflects the views of the ruling party.
Sixteen countries, accounting for about 27 per cent of global trade, are meeting in Hyderabad to discuss the Regional Comprehensive Economic Partnership (RCEP) that is aimed at liberalising trade and investment in the Asia-Pacific region. The technical level talks for the RCEP began on July 18. On July 24, the negotiations will formally start.
The meeting is happening under the shadow of the standoff between India and China – the two largest economies taking part in the talks. The standoff began over the construction of a road by China in Doklam area and India fears the road could be used to cut New Delhi’s links with its northeastern states.
India has said it is ready for talks with China to end the tension but both sides should first withdraw their armies from the disputed area. “We are saying that the matter can be …read more
