BJP praises PM Narendra Modi's decision to opt out of RCEP
New Delhi : The ruling party Bharatiya Janata Party on Monday hailed the Centre's decision to not join China-backed mega Regional Comprehensive Economic Partnership (RCEP) deal, calling it a sign of Prime Minister Narendra Modi's "strong leadership" and "unflinching resolve".
India declined to join RCEP saying that the deal does not address India's "outstanding issues and concerns", government sources said.
"India's decision to not sign RCEP is a result of PM @narendramodi's strong leadership & unflinching resolve to ensure national interest in all circumstances," Amit Shah tweeted.
"PM @narendramodi's firm stand over the years of not going ahead with a deal if our interests are not taken care of, is a welcome break from the past, where a weak UPA government ceded precious ground on trade and could not protect national interest," Shah said.
India’s decision to not sign RCEP is a result of PM @narendramodi’s strong leadership & unflinching resolve to ensure national interest in all circumstances.— Amit Shah (@AmitShah) November 4, 2019
It shall ensure support to our farmers, MSMEs, dairy & manufacturing sector, pharmaceutical, steel & chemical industries.
BJP working president JP Nadda also showere praise on the decision. "India did not bow down to global pressure and give away its economic interests unlike previous Congress led governments which opened Indian market through weak FTAs. PM @narendramodi ji has again shown his commitment to safeguard the interests of the poor," Nadda tweeted.
Meanwhile, Congress, who had earlier opposed the decision to join the RCEP deal, claimed victory of their efforts. Congress chief spokesperson Randeep Surjewala said it is a win for all those protecting national interests.
"A forceful opposition by Congress and Rahul Gandhi ensures that BJP government backs down from bartering the interests of farmers, dairy producers, fishermen, small and medium businesses at the altar of political expediency. A victory for all fighting for protecting national interests," he said on Twitter.