India withdrew, Bangladesh actively joined the RCEP, and it was over!Whoever suffers and who benefits, you can see it clearly!
Hey, netizens, today we are going to talk about a really exciting topic - the RCEP "farce" of India and Bangladesh!Have you ever heard that India was dissatisfied and took the initiative to withdraw from the RCEP, but Bangladesh was not polite at all, and immediately rushed in, suffering or benefiting, all this is clear at a glance, let us reveal the secret together!
It starts with a recent news that Bangladesh has shown strong interest in RCEP and is already in heated negotiations with RCEP members, planning to officially announce its accession to RCEP after the first day of January next year. You heard it right, it's so ruthless, wave after wave, and everyone is a little dumbfounded. At this time, India is unhappy, and the words are conclusive, India has said that our relations with Bangladesh are so good, the negotiations on the bilateral freedom agreement have begun, and Bangladesh still enjoys our preferential treatment. As a result, people are furious and want to join RCEP, isn't this a clear stumbling block for us?
For Bangladesh's decision, of course, it is not a head convulsion, but a bit of a doorway behind it. This population alone is more than 1A large country of 600 million has been desperately promoting its own economic development in order to achieve its own goals. RCEP is a free trade area with a large financial volume, covering all major economies in the Asia-Pacific region except India. Did you know?This agreement will eliminate 90% of tariffs on goods, and the market space is larger than anyone else's, accounting for 30% of the world's total GDP5%。For Bangladesh, this is not only a huge export market, but also enjoys low-cost imports and easier trade routes. Especially for Bangladesh's textile industry, which is a traditional advantage, joining the RCEP is an opportunity to strengthen its position in the global market and raise its eyebrows
However, this decision has aroused strong resentment in India. In Modi's view, this not only goes against India's geopolitical interests, but also disgraces India. India, the original negotiator of the RCEP, withdrew at the last minute. Now, Bangladesh, which has close ties to India, has suddenly decided to join, which is simply a silent counterattack to India's strategy. And you know, the relationship between China and India has always been delicate, and India doesn't want to see its neighbors befriending China. As soon as Bangladesh joins the RCEP, it will definitely reduce economic and trade exchanges with India, which is the ballast stone of the relations between the two countries. India is worried, the economy is the ballast stone of the relationship between the two countries, and it can also become a warming agent for the strengthening of relations between the two countries, which is the biggest headache for India.
India has always regarded China as an object to be surpassed, how can it tolerate Bangladesh and China becoming closer and closer?What's more, there is an additional concern, that is, under the RCEP framework, Chinese goods enter the Indian market through Bangladesh, which can be a huge impact on India's domestic industry. India, which has been working tirelessly to improve its manufacturing capacity, is sensitive to competitors such as China. If Chinese goods flood into the Indian market, local companies will have to come under additional pressure. What is even more surprising is that Bangladesh's total imports from China have surpassed India's. This makes the Indians unhappy, and that unhappiness is like eating flies.
Bangladesh is not the only country that has expressed its willingness to join RCEP, and Sri Lanka has expressed the same determination. Regarding India's so-called concerns, China's spokesman made it clear that China does not intend to pursue a surplus with India, and RCEP is the result of economic integration in the Asia-Pacific region and a shared development opportunity. China's position is clear: the RCEP agreement is in the common interests of all countries and follows the principle of fairness, mutual benefit and reciprocity. Isn't it a bit confusing?China is obviously well-intentioned to help everyone move towards prosperity together, but India just can't see the situation clearly, and threatens Bangladesh, which wants to join. Such hegemonic behavior is unpopular, and will only "isolate" its neighbors, and only harm India's own interests.
In general, India's hesitation and obstruction of the RCEP is mainly motivated by concerns about the geopolitical balance and the protection of its own interests. However, India should be soberly aware that in this era of globalization, openness and cooperation are the only feasible ways to promote national economic development and regional stability. If we can participate in regional cooperation with our neighbors, the end result may be a win-win situation, rather than a zero-sum game. Hey, India, don't be that lonely person anymore, work together with everyone, maybe everyone can live a better life!