Fearing that China would steal business , Modi changed his style of play and issued a threat that w

Mondo Social Updated on 2024-01-31

India has always regarded China as a "competitor", and is blindly confident in its own development, believing that it is better than China in all aspects, as more and more countries cooperate with China, India is afraid of losing partners, so after Bangladesh wants to join the Regional Comprehensive Economic Partnership (RCEP), Indian Prime Minister Modi feels very unhappy, and even issued a "threat".

Bangladesh wants to "join the pack".

Observer *** said,South Asian countries such as Bangladesh and Sri Lanka have expressed their willingness to join RCEP。According to reports, Bangladesh is already actively negotiating with the RCEP group and is expected to publicly announce its plans to join the RCEP after January 7, marking an important step forward for the country on the global economic stage.

Bangladesh] It is worth mentioning that as early as October 15 this year, Indian media reported that Sri Lanka is also considering joining RCEP and has submitted a formal application. The Secretariat of Sri Lanka** stated that it had been well understood"The potential of this large ** region, which includes major economies such as China, Japan and South Korea

Whether it's Bangladesh or Sri Lanka, these neighboring South Asian countries, they have a common goal, and that is:Find your niche and drive your economy in a much larger economy。Whether Bangladesh and Sri Lanka can achieve this goal depends critically on whether RCEP member countries are admitted and whether the conditions for "joining the group" are met.

The so-called RCEP is a multilateral agreement composed of 15 Asia-Pacific countries. These 15 countries include:China, Japan, South Korea, Australia, New Zealand and 10 member states of ASEAN。After eight years of negotiations, on November 15, 2020, 15 countries jointly signed the RCEP agreement, which officially entered into force on November 2, 2021, after a year of careful preparation.

The main objectives of RCEP are:Liberalization among member countries, i.e. the elimination of 90% of tariff restrictions within 20 years, paves the way for ** exchanges。This is the world's largest population, the largest economic and trade scale, and the largest development potential of the first agreement, and its entry into force marks the entry into forceThe birth of the most influential free ** zone in the world

rcep】India's plans for the "hegemon of South Asia" were dashed

At one time, India was also a member of the RCEP, and after careful consideration, the Indian side officially withdrew in 2019. Bangladesh and Sri Lanka want to join the stage that India has voluntarily given up in order to obtain broader development opportunities, which makes Modi very unhappy, even dissatisfied and hostile.

Indian media reported that Modi is concerned about Bangladesh's accession to the RCEP and is reevaluating the negotiations on a free trade agreement with Bangladesh. All the time,Bangladesh is India's largest partner in South AsiaBut as Bangladesh's cooperation with China deepens, Modi is worried that the cooperation between China and Bangladesh will affect the sales of Indian products, so he will threaten Bangladesh.

In addition, India is also concerned that after Bangladesh joins the RCEP, Chinese goods may enter India through Bangladesh, thereby circumventing the principle of origin for China. The Indian media believes that thisIt will pose a "huge challenge" to the Indian industry, so India decided to make a careful assessment of the so-called free trade agreement.

Indian Prime Minister Narendra Modi].

On this issue, Modi's attitudeNot only pessimistic, but even with a hint of vigilance。You know, India has always wanted to win over Southeast Asian countries and build itself into the "hegemon of Southeast Asia", but with China's growing influence in the region, after the "Belt and Road" allows countries to see real benefits, more and more countries want to cooperate with China, which will inevitably affect the plan of "Indian hegemony", therefore, it can also be saidIn order to guard against China, India has already begun to calculate Bangladesh

It is worth mentioning that the RCEP is not a closed organization, it has always been open to new members, and it is foreseeable that no matter how much India resists, the pace of development of countries such as Bangladesh and Sri Lanka will not stop. They will also seek a broader platform for development, and RCEP is the other side of their expectations.

India did not listen to China's words

In fact, the so-called "business grabbing" of the Indian media is completely overthinking, China has never regarded India as a competitor, and,China very much welcomes further expansion of cooperation with India and continues to expand the cake of cooperation。In comparison, Indian Prime Minister Modi's "threat" seems to be petty, Bangladesh is a sovereign country that will make decisions that are most suitable for the country's development based on its own economic situation.

China's *** spokesman Wang Wenbin].

Moreover, as *** spokesman Wang Wenbin said,RCEP is a milestone achievement in the economic integration of the Asia-Pacific region and a vivid example of countries in the region sharing development opportunities。As a staunch supporter of liberalization and facilitation and an important participant in regional cooperationChina will continue to work with relevant parties to promote high-quality implementation of the RCEP and inject new impetus into regional and global economic recovery

In short, the accession of Bangladesh and Sri Lanka to the RCEP is not something that the Indian side can stop by saying that it will stop it, and the so-called "business grabbing" by the Indian side is completely self-congratulatory, and if there is a bigger partner, Bangladesh has every right to seek other partners.

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