India, July 17 -- Chinese dumping and ASEAN acting as China's 'B team' may be defeating the purpose of the Free Trade Pact
Of late, ASEAN has emerged as a powerful economic bloc, and it was quite natural and prudent on the part of India to enter into a trade agreement. However, sometimes seemingly good relations are soured by bad intentions. Though it was a win-win situation for both parties, of late - as the former Commerce Minister Piyush Goyal rightly termed it - ASEAN has started acting as the 'B team' of China, acting like a proxy and routing Chinese goods through the FTA.
India is at a critical juncture in its trade engagement with the Association of Southeast Asian Nations (ASEAN). As frustrations mount over an imbalanced Free Trad...