Elaborating on the decision, PM Modi said that the present form of the RCEP (Regional Comprehensive Economic Partnership) Agreement does not fully reflect the basic spirit and the agreed guiding principles of RCEP.
Certain core concerns of India which would impact the livelihood of all Indians, especially the vulnerable sections of the society had still remained unaddressed at the end of seven year-long, twenty-nine round negotiation process.
India already faces 105 billion dollar trade deficit with the RCEP countries, half of which comes from China(53 billion dollars), signing RCEP without addressing this deficit would only increase it further particularly since most of China’s domestic policies are trade-distorting and one-sided.
Duty cuts and flooding of products
The RCEP could have forced India to cut duties on about 90 percent of the goods that are currently imported to India over the next 15 years.
RCEP also wanted 2013 to be fixed as base year effectively implying that member countries should slash import duties on products to the level that existed in 2013.
It all seems to have started with the famous hug in parliament which had been followed by the mischievous wink.
When PM Modi stated the fact that Rajiv Gandhi who had started his politics with ‘Mr clean’ image ended up as ‘Bhrastachari no 1’, Rahul Gandhi who calls PM a thief without a shred of evidence, seemed visibly shaken.
But yet Mr Gandhi managed to tweet that he offers love and hug to PM Modi.
Intrigued by the ‘love campaign’ of Rahul Gandhi, we dig out a little to trace the history of Rahul Gandhi’s love for Narendra Modi, and what we have found is going to blow your mind, hopefully.
Afterwards, even in 2014, Congress had firmly supported this abuse as the headline below makes it clear.
Taking cue from the ‘merchant of death’ abuse on Modi, he throws an abuse at PM Modi accusing him of ‘khoon ki dalali’.
Fungicide - MARKET ADVISORY SERVICES
Fungicides are biocidal chemical compounds or biological organisms used to kill or inhibit fungi or fungal spores.They are usually procuced as a spray or dust and extensively used in agriculture, industry, they are important tools for managing diseases in many crops.Thie industry is affected by the economy and policy, so it’s important to put an eye to economy indexes and lesder’s prefer.
With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of fungicide will be affected.On process and product quality, compared to the product in global market, there is a gap between China and US and Europe, so the price of the product in China is low.
Global market is expected to witness significant growth on account of rising applications, so In the next few years, fungicide production will show a trend of steady growth.
On product prices, the slow downward trend in recent years will maintain in the future.Overall, although some factors limit the development of the market, because of the improvement of manufacturing technology, the fungicide industry will be promoted in coming years.
In particular, this report presents the global market share (sales and revenue) of key companies in Fungicide business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Fungicide market by product type, application, key manufacturers and key regions and countries.
