The Regional Comprehensive Economic Partnership is a proposed free trade agreement between the ten member states of the Association of Southeast Asian Nations and its five FTA partners. In November 2019, India, the sixth FTA partner, decided to opt out of the pact due to domestic concerns against potential Chinese flooding of its agriculture sector.
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The Myth of Global 'Free' Trade
The key to TTIP is the so-called Investor-State Dispute Settlement mechanism that essentially gives corporations free reign to sue governments using a “failure to implement” provision, if state policies or legislation interfere with profits. But is this all about trade?
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