Just like US: Exclusive Trade in the Trump Age | Raisina Dialogue 2020 | Piyush Goyal

With the processes of globalisation under scrutiny around the world, the appetite for multilateral trade has waned considerably. And with its principal architect— the US—determined to repudiate long-held economic consensuses, the future is uncertain. Will exclusive economics continue to define national policy in this decade? Will flows of technology be the first casualty of today’s economic nationalism? Do other states possess the appetite or economic means to fill this gap? Can emerging economies incubate new arrangements?

Union Minister Piyush Goyal defended India’s decision to not join the RCEP citing unfair trade practices of certain countries. Goyal said that RCEP was not a partnership among equals and India could not secure fair access for its industries. The Union Minister also said that India has serious concerns about China’s trade practices.

Moderator – Amy Searight, Senior Adviser and Director, Southeast Asia Program, Center for Strategic and International Studies, United States

Panelists:
Piyush Goyal, Minister of Railways and Commerce & Industry, Government of India, India
Wang Wen, Executive Dean, Chongyang Institute of Financial Studies, Renmin University, China
Jeffrey Philip Bialos, Partner, Eversheds Sutherland (US) LLP, United States
Veda Poon, Director, International Finance, HM Treasury, United Kingdom
Alexander Kulitz, Member of Parliament, Germany

#Raisina2020 #RCEP #TradeWar

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