The enhanced trade partnership is expected to address several trade barriers that currently exist. Britain is keen to see India reduces barriers on import of agriculture and food items

UK's Prime Minister Boris Johnson said one year after the country's departure from EU, UK is forging new partnerships that will bring enormous economic benefits for the people of Britain

Having deliberately opted out of the world's largest trade bloc, RCEP, India can now push for the limited trade deal with the US

Mukesh Ambani's Reliance Retail, Jeff Bezos's Amazon Inc. and the Walton family's Walmart-Flipkart combo are pitching themselves for the long haul in Indian retail

The pair will be at a meeting of the leaders of the 21-nation Asia-Pacific Economic Cooperation (APEC) hosted virtually by Malaysia just two weeks after Trump lost his re-election bid

Studies show the benefits RCEP will not outweigh the negative impact of the long-running US trade war on China's economy even though it will make China's market much more integrated with the rest of Asia

India pulled out of RCEP talks in November last year, but ASEAN leaders said the door remained open for it to join

The Regional Comprehensive Economic Partnership, or RCEP, is to be signed virtually on Sunday on the sidelines of the annual summit of the 10-nation Association of Southeast Asian Nations

Far-right Norwegian lawmaker Christian Tybring-Gjedde on Wednesday nominated Trump for the Nobel Peace Prize for his work in mediating the deal between Israel and the UAE

India's dairy, steel, textile, MSME and e-commerce companies, along with advocacy groups pushing for data sovereignty, want the government to reject RCEP drafts

In a note, ICRA points out that India's position in the EU market has been adversely affected by the preferred access to key competing nations such as Bangladesh and Vietnam, by way of free trade agreements

In the recent round of negotiations for RCEP, India pushed to include the Automatic Trigger Safeguard Mechanism, or ATSM, which will automatically increase levies once imports cross a given threshold

In 2018-19, India had trade deficit with 11 out of 20 RCEP countries. In 2017-18, it had a trade deficit of $104 billion with all RCEP countries; more than half of this ($57.86 trillion) was with China

Singapore is now linked to North-East India via Guwahati by flight operated by Drukair Royal Bhutan Airlines.