Morrison must not abandon that elusive Indian trade deal
India is a prize market for the region's exporters. But the Modi government has decided that the country isn't ready for the bracing winds of free trade.
This week the 16 countries who have been negotiating the Regional Comprehensive Economic Partnership for the better part of a decade fiinished work on the world’s largest free trade agreement.
Isolating itself from the other players who had settled their terms months ago, India had ramped up its price to play. In the end, India’s asks were both too high and too changeable for the other 15 negotiating countries to accept.
