, 3 tweets, 2 min read Read on Twitter
Every FTA negotiations end up being "hijacked by one or two sectors" at one point or another. You end up protecting the interest of few industries with strong visibility and lobby groups /1

business-standard.com/article/econom…
Of course #RCEP will not create a “win-win situation for all by ensuring balanced outcomes for both goods and services". No FTA does. You will always have winners and losers, same as with everything else /2
India will also not be able to get a deal by excluding all the products where China dominates the market.
Interesting point on utilisation rates @nicolaskoehler @JonasKasteng
/end
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