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K `
Hindustan Times
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Comments by "K `" (@user-jt3dw6vv4x) on "India bats for own trade policy; Modi govt opts out of deal with U.S-led group. Here’s why" video.
The fact that people are celebrating this is why India is going to be left behind...
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Never thought the IPEF was meaningful but India walking away from the IPEF after they walked away from the RCEP only shows one thing: that India has a very weak market that is unable to compete with multiple other countries in a large trade zone. They're so protectionist. This is why only 10% of India's population holds 77% of the country's wealth, while 670 million Indians who comprise the poorest half of the population saw only a 1% increase in their wealth.
2
Never thought the IPEF was meaningful but India walking away from the IPEF after they walked away from the RCEP only shows one thing: that India has a very weak market that is unable to compete with multiple other countries in a large trade zone. They're so protectionist. This is why only 10% of India's population holds 77% of the country's wealth, while 670 million Indians who comprise the poorest half of the population saw only a 1% increase in their wealth.
1
No, it means you market is way too weak to compete with multiple other countries in a united trade zone. Protectionism will never get you far.
1
@gsm771 Keeping one country's data in another country?? Huh?????? What?????? Data??????? I'm talking about market. What are you talking about????????? Maybe read my comment a few times before replying, stop letting anger take over you... calm down 💀
1
@gsm771 IPEF is about trade policy. India is ditching every pan-region trade agreement possible because it has an incredibly weak market that cannot compete with other nations. It's been "protectionist" for the past 50 years or something
1