RCEP trade deal: Congress also said that signing the RCEP would have been catastrophic given the \"rampant unemployment, a sinking economy and deep agrarian crisis emanating from utter mismanagement of economy by BJP Government\".

RCEP trade deal: The group said that the Indian govt should not agree to the RCEP even in future as it will be a 'bad deal for democracy, for farmers, workers, will subvert our sovereign laws and compromise India's industrialisation potential'.

In his meeting with Phuc, the prime minister discussed ways to further bolster bilateral strategic cooperation between India and Vietnam.

RCEP is meant to create the biggest free trade region in the world with sixteen countries (including India). These countries represent half the world's population and one-third of the global GDP

Morrison and Trade Minister Simon Birmingham are in Bangkok to discuss the RCEP during the ASEAN summit.

India and 15 Asia-Pacific countries are expected to announce the outcome of the seven-year negotiations to create the world's largest free trade region today

When finalised, the RCEP would become the world's largest free trade area, comprising half of the world population and will account for nearly 40% of the global commerce and 35% of the GDP

ASEAN Summit 2019: PM Modi and Thailand PM Prayut Chan-o-cha also welcomed the growing air connectivity between the two countries and start of a direct flight between Bangkok and Guwahati

According to CII, not being part of the RCEP would hinder India's efforts to increase its integration into regional and global chains

PM Modi in Thailand: The delay in finalising the Regional Comprehensive Economic Partnership (RCEP) deal is solely because of India's insistence on more tweaks in it to protect its domestic industry

Addressing the Indian diaspora at 'Sawasdee PM Modi' event in Bangkok, Thailand, the prime minister said that his government wants to bring both nations closer by transforming India's northeast region into a gateway to Southeast Asia

Multiple diplomatic sources confirmed to PTI that except India, all 15 RCEP countries were on board in finalizing the deal when leaders of the grouping hold a summit meeting on Monday

In a statement before his departure, the prime minister said that during the visit, he will also hold bilateral meetings with a number of other world leaders present in the Thailand capital for related summit meetings