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Various estimates show that RCEP’s share in the world GDP may touch 50 per cent by 2050. The fear that India may be left out if it decides not to join the group is real. But given the economic clout of China and other economies, India may find it very difficult to grab a significant share of the this RCEP cake.
Global South countries are applying cautious optimism towards trade pacts. Despite India inking multiple bilateral FTAs, New Delhi has remained wary of trade agreements at the multilateral level
Johnson needs to get Brexit done, sign trade pacts
