Abstract: On 15th November 2020, RCEP, with 15 members, has become the world's biggest regional bloc. India was the founder member of RCEP; however, on 4th November 2019, India declared to quit RCEP. The main reasons to leave RCEP were India's booming trade deficit with most RCEP members and its unfulfilled tabled demands, especially in service trade. India was hesitant to open its markets for foreign competition, particularly for China. Border tension between India and China has also lead India to take its steps back. This paper analyse India's participation in RCEP Global Value Chain......
Keywords: Global Value Chain, Regional Comprehensive Economic Partnership, Trade in Value Added, Forward Participation, Backward Participation JLCode: F15
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