TRANS-PACIFIC PARTNERSHIP NOT GOOD FOR INDIA
NEW DELHI WILL DO BETTER AS A NON-MEMBER
2016-05-11 09:44
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Professor Jagdish Bhagwati quipped TPP (Tans-Pacific Partnership) ‘a political response to China’s new aggressiveness, built in a spirit of confrontation and containment, not of cooperation’. TPP is viewed more of a political arrangement than economy. There were two aims of USA to engineer TPP. One, it is to bruise Chinese expansionism in Asia pacific region and two, to thwart Chinese grandiose One Belt One Road in 21Century through economic partnership.