The distinction between 2012 and 2019 is the state of economic system, Mr Chidambaram mentioned on RCEP

New Delhi: 

The UPA’s determination to have interaction with Regional Complete Financial Partnership or RCEP nations and the Congress’s enchantment to the Modi authorities to not signal the commerce deal have been each right because the distinction between 2012 and 2019 is the “parlous” state of the economic system, senior occasion chief P Chidambaram mentioned on Thursday.

His remarks come days after India determined to not be a part of the mega Regional Complete Financial Partnership (RCEP) free commerce deal as negotiations failed to handle New Delhi’s considerations.

Mr Chidambaram, in a tweet posted by his household on his behalf, mentioned the UPA’s determination in 2012 to have interaction with RCEP international locations was right.

“The Congress’s recommendation to the Authorities in 2019 to pause and never signal RCEP was additionally right. The distinction between 2012 and 2019 is the parlous state of the economic system at present due to the NDA’s incompetent administration,” the previous finance minister tweeted.

With India deciding to not be a part of the RCEP free commerce settlement, the Congress has claimed victory saying its forceful opposition ensured that the BJP authorities backs out from bartering the pursuits of farmers, dairy producers, fishermen and small and medium businessmen.

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