There is a saying ‘Vyaparam droha chintanam’. I don’t know whether it is a saying or something that was brought into being by common people coming face to face with trade. After globalisation, trade has been prancing around as betrayal. Now intellect and commerce have come together and that is being seen as knowledge. These two together are weaving a[Read More…]

India is being cornered to open up its markets at the ongoing negotiations of the Regional Com-prehensive Economic Partnership (RCEP).A free trade agreement between 16 Asian countries, including massive manufacturers like China, RCEP will bring down import duties to zero on goods, both agricultural and industrial, for more than 92 per cent of tariff lines. Being the world’s largest trade agreement, it will impact half of the world’s population including 420 million small family farms that produce 80 per cent of Asia’s food.

Next week, Hyderabad is set to host the 19th round of Regional Comprehensive Economic Partnership (RCEP) from July 24 to 28, a regional trade agreement between India, the ten member states of the ASEAN and, Australia, China, Japan, New Zealand, and Republic of Korea. This trade deal threatens to undermine the ability of some of the world’s poorest people to[Read More…]