Bangkok, Nov. 5 -- India on Monday shut the doors to joining a China-led mega trade deal, with Prime Minister Narendra Modi deciding that there would be "no compromise" on the nation's core interests, as the deal would have impacted the lives and livelihoods of all Indians, especially the vulnerable sections of the society.

Modi conveyed India's decision to not join the 16-nation Regional Comprehensive Economic Partnership (RCEP) agreement during the leaders' summit here.

According to sources, the Prime Minister stood firm on India not joining the trade agreement, as the key concerns were not addressed. "There will be no compromise on core interests," it was decided.

The RCEP agreement does not reflect its original intent. The outcome ...